In figures and graphs: The Central Bank “cuts” from its reserves and sends them to “enhance the external assets” for the account of other countries .. How much “drained” the stock?
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
In figures and graphs: The Central Bank “cuts” from its reserves and sends them to “enhance the external assets” for the account of other countries .. How much “drained” the stock?
[size=30]In figures and graphs: The Central Bank “cuts” from its reserves and sends them to “enhance the external assets” for the account of other countries .. How much “drained” the stock?[/size]
2020-12-26

Yes Iraq: Baghdad
The currency auction file continues to arouse suspicion and anger, because it caused the loss of billions of dollars of hard currency that goes abroad, under the pretext of "import", through the central bank selling dollars to traders and importers who take these dollars out of the country in exchange for bringing imported goods For the country.
By reviewing the data of the currency sale window, the dollars that the Central Bank sells daily, which exceeds one hundred million dollars, 80% of them go for the purpose of "strengthening the assets of the outside," which represents import allowances, compared to only 20% of these dollars go to the internal market for the purpose of filling the demand of citizens From hard currency and maintain the exchange rate.

And digital data revealed that the value of the central bank's reserve depletion to compensate for the foreign currency window sales during 2020 has reached more than 9 billion dollars, according to the data of the Central Bank of Iraq.
The Central Bank bought from the Ministry of Finance up to 26.6 billion dollars until October of 2020, and in return it sold more than 36 billion dollars through the currency sale window, which forced the central bank to compensate the difference from its reserves.
The months of August and September witnessed the highest depletion of the reserves, as the Central Bank did not purchase any amount from the Ministry of Finance, in return, it sold about $ 8 billion during the two months, which led to an increase in the volume of depletion.
The central bank usually buys dollars from the Ministry of Finance, provided that it resells it to the Iraqi market through the currency sale window to supply the local market from the demand for imported materials.
The total value purchased from the Ministry of Finance from 2003 to 2020 amounted to more than 625 billion dollars, while more than 583 billion dollars were sold during the same period, which strengthened the Central Bank's foreign currency reserves, but the state's revenues from foreign currency decreased and the demand for currency increased. In the local market, the Central Bank pushed an increase in the sale value more than the purchase value, which led to the depletion of part of its reserves during the past year.
https://yesiraq.com/%d8%a8%d8%a7%d9%84%d8%a3%d8%b1%d9%82%d8%a7%d9%85-%d9%88%d8%a7%d9%84%d8%b1%d8%b3%d9%85-%d8%a7%d9%84%d8%a8%d9%8a%d8%a7%d9%86%d9%8a-%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2/
2020-12-26

Yes Iraq: Baghdad
The currency auction file continues to arouse suspicion and anger, because it caused the loss of billions of dollars of hard currency that goes abroad, under the pretext of "import", through the central bank selling dollars to traders and importers who take these dollars out of the country in exchange for bringing imported goods For the country.
By reviewing the data of the currency sale window, the dollars that the Central Bank sells daily, which exceeds one hundred million dollars, 80% of them go for the purpose of "strengthening the assets of the outside," which represents import allowances, compared to only 20% of these dollars go to the internal market for the purpose of filling the demand of citizens From hard currency and maintain the exchange rate.

And digital data revealed that the value of the central bank's reserve depletion to compensate for the foreign currency window sales during 2020 has reached more than 9 billion dollars, according to the data of the Central Bank of Iraq.
The Central Bank bought from the Ministry of Finance up to 26.6 billion dollars until October of 2020, and in return it sold more than 36 billion dollars through the currency sale window, which forced the central bank to compensate the difference from its reserves.
The months of August and September witnessed the highest depletion of the reserves, as the Central Bank did not purchase any amount from the Ministry of Finance, in return, it sold about $ 8 billion during the two months, which led to an increase in the volume of depletion.
The central bank usually buys dollars from the Ministry of Finance, provided that it resells it to the Iraqi market through the currency sale window to supply the local market from the demand for imported materials.
The total value purchased from the Ministry of Finance from 2003 to 2020 amounted to more than 625 billion dollars, while more than 583 billion dollars were sold during the same period, which strengthened the Central Bank's foreign currency reserves, but the state's revenues from foreign currency decreased and the demand for currency increased. In the local market, the Central Bank pushed an increase in the sale value more than the purchase value, which led to the depletion of part of its reserves during the past year.
https://yesiraq.com/%d8%a8%d8%a7%d9%84%d8%a3%d8%b1%d9%82%d8%a7%d9%85-%d9%88%d8%a7%d9%84%d8%b1%d8%b3%d9%85-%d8%a7%d9%84%d8%a8%d9%8a%d8%a7%d9%86%d9%8a-%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2/
claud39- VIP NewsHound
- Posts : 18367
Join date : 2018-11-04

» A businessman reveals the Central Bank of Iraq assets and gold reserves and foreign exchange
» The Central Bank opens an account with Euroclear to develop the performance of foreign reserves
» In figures .. countries that have the largest reserves of gold
» The Governor of the Central Bank discusses with the management of the Central Bank of Saudi Arabia cooperation in the external banking sector
» In the event of insufficient assets of the Bank, the Central Bank will liquidate the Bank
» The Central Bank opens an account with Euroclear to develop the performance of foreign reserves
» In figures .. countries that have the largest reserves of gold
» The Governor of the Central Bank discusses with the management of the Central Bank of Saudi Arabia cooperation in the external banking sector
» In the event of insufficient assets of the Bank, the Central Bank will liquidate the Bank
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Textbook Tony
» Angela Hitler gathers lieutenants in Germany to mourn loss of Fourth Reich
» 10 years of the new notes came out!
» The Association of Brokerage Companies: Changing the dollar exchange rate contributed to raising the value of Iraqi shares
» Iran: Exports to Iraq amounted to $9.5 billion
» Al-Hakim calls for choosing the next prime minister within specific criteria
» What does Iraq look in a post-Sadr era?
» Sadrist leading figure to the Coordination Framework: the fire you made will burn everyone
» Iraqi parliament swears in new members to replace Sadrists
» USD/IQD closes slightly lower in Baghdad
» Norway offers US$ 7.5 million to Iraq
» Asia's thirst for cheap Russian oil hits Opec's No 2 producer Iraq
» Iraq’s exposure to US securities was up to about $28 billion in April
» The Central Bank: We have taken effective measures to protect the banking sector and combat money laundering
» Al Qirtas Islamic Bank - The first use of modern systems from DN SeriesTM ATMs in Iraq
» The Central Bank of Iraq: We launched 17 trillion dinars of development initiatives
» Central: The Letter of Guarantee platform issued more than 30,000 letters, worth 9.3 trillion
» The Governor of the Central Bank discusses obstacles to the work of Islamic banks with the International Rating Agency
» The Central Bank of Iraq decides to sell the dollar to pilgrims at the official exchange rate
» The central bank is moving at a steady pace to support and revitalize the economy
» The central electronic platform for letters of guarantee enhances confidence in banking transactions
» Who's on First?
» Frank26 says - From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Meta 1 Coin Has Crack Team Of Lawyers? Why Is Dave Schmidt Still Rotting In Jail?
» California pot shops prepare for their first day of legal recreational marijuana sales TODAY
» One Crazy Guy
» CBI sells $1+ billion in forex for second week in a row
» Iraq and the World Bank hold a workshop to develop public debt management
» Combating financial crimes enhances confidence in the banking sector
» Forex-US dollar notches in Baghdad
» USD/IQD closes lower in Baghdad
» What Happens when Cancer is treated with Cannabis? VIDEO
» VIDEO: Viral Hydroxychloroquine Doctor Demands Joe Biden Apologize After Media Finally Acknowledges HCQ Works
» USD/IQD closes slightly higher in Baghdad
» CBI sold +3$ billion in forex in May
» Finance agrees with the World Bank to help Iraq by activating the General Authority for Taxes
» Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside
» The Central Bank prevents Visa and Master card holders from giving them to any party