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Banks Are Reluctant To Buy Dollars In Cash From The Central Bank

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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Banks Are Reluctant To Buy Dollars In Cash From The Central Bank

Post by claud39 Sun Jan 17, 2021 6:36 pm

Banks Are Reluctant To Buy Dollars In Cash From The Central Bank

On January 17, 2021

The independent ... Central Bank data on the foreign currency sale window showed the continued reluctance of banks to participate in cash sales of dollars.

The data of the so-called “currency auction” for Sunday 01/17/2021 indicated that the total sale for the purposes of enhancing funds abroad (remittances, credits) amounted to 6,750,000 million dollars.

[rtl]While the total cash sale amounted to "zero"[/rtl]
[rtl]This comes after raising the selling price to (1460) dinars per dollar. While the price is still not stable in the unofficial markets.[/rtl]
[rtl]The Central Bank's decision to reduce the price of the Iraqi dinar against the dollar is met with major objections from politicians and economists, while everyone is waiting for the approval of the 2021 budget and the results of it in this regard.[/rtl]

[rtl]https://mustaqila.com/%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%AA%D8%AD%D8%AC%D9%85-%D8%B9%D9%86-%D8%B4%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%86%D9%82%D8%AF%D8%A7-%D9%85%D9%86-%D8%A7%D9%84/?fbclid=IwAR0iYhSL-GHPFRZsPW3Rr-iL9HdX8wwHilbPbk-xNLIz5yTkeDwMslQM7V
[/rtl]

claud39: VIP NewsHound; Posts : 18367
Join date : 2018-11-04

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