Report

rss

Iraq News

Kurdistan

Economy

World

All News

Foreign currency exchange drops, Iraq’ central bank says

Category: Economy

Date: 2021-05-05T10:48:50+0000
Foreign currency exchange drops, Iraq’ central bank says

Shafaq News / the Central Bank of Iraq on Wednesday, announced decrease in the foreign currency exchange.

Shafaq News Agency correspondent said that the foreign currency auction of the Central Bank of Iraq recorded a 4.57% decrease to 167,300,000 dollars which the bank covered at an exchange rate of 1460 dinars per dollar.

He added that the sales operations were in the form of wire transfer (139,900,000 $) and credits (27,400,000$).

Last December, Iraq’s central bank increased the sale price of U.S. dollars to banks and currency exchanges to 1,460 dinars, from 1,182 dinars, seeking to compensate for a decline in oil revenue due to low crude prices.

The central bank of Iraq said the key reason behind the dinar’s devaluation was to close the gap of widened 2021 budget inflation after a collapse in global oil prices, a major source of Iraq’s financial resources.

related

CBI sales in the currency auction inched up 

Date: 2021-11-16 13:01:23
CBI sales in the currency auction inched up 

CBI sales in the currency auction rise today

Date: 2021-08-31 12:01:15
CBI sales in the currency auction rise today

WGC to support CBI in raising its Gold reserves

Date: 2021-04-29 12:49:35
WGC to support CBI in raising its Gold reserves

Foreign currency exchange drops, Iraq’ central bank says

Date: 2021-09-30 12:27:57
Foreign currency exchange drops, Iraq’ central bank says

CBI sales in the foreign currency auction slightly decrease

Date: 2021-06-08 09:45:43
CBI sales in the foreign currency auction slightly decrease

The United States secures the Iraqi Funds, CBI says

Date: 2021-07-27 08:08:02
The United States secures the Iraqi Funds, CBI says

The Central Bank of Iraq launches a "digital enrollment" service

Date: 2021-02-07 06:41:25
The Central Bank of Iraq launches a "digital enrollment" service

CBI sales in the currency auction inched up 

Date: 2021-11-21 13:27:17
CBI sales in the currency auction inched up