Report

rss

Iraq News

Kurdistan

Economy

World

All News

Foreign currency exchange climbs, Iraq’ central bank said.

Category: Economy

Date: 2021-02-03T09:42:58+0000
Foreign currency exchange climbs, Iraq’ central bank said.

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

Shafaq News Agency correspondent said that the foreign currency auction of the Central Bank of Iraq recorded a 26.47% increase to 68,162 thousand 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 and credits.

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

Iraq is the world's second top gas flaring country, WB says

Date: 2021-07-24 07:57:11
Iraq is the world's second top gas flaring country, WB says

Fitch revises Iraq's outlook at stable with IDR at "-B"

Date: 2021-03-24 11:10:37
Fitch revises Iraq's outlook at stable with IDR at "-B"

Dollar exchange rates in Iraq

Date: 2021-03-29 07:53:03
Dollar exchange rates in Iraq

Iraqi Ministry of oil stresses Iraq's need for more investments 

Date: 2021-11-18 12:16:09
Iraqi Ministry of oil stresses Iraq's need for more investments 

Iraq to reduce 400,000 barrel from its oil production

Date: 2020-08-06 15:41:05
Iraq to reduce 400,000 barrel from its oil production

Al-Kadhimi: Supporting the local industry is one of the government's priorities

Date: 2021-01-18 13:54:28
Al-Kadhimi: Supporting the local industry is one of the government's priorities

A French company to sue Baghdad

Date: 2020-10-14 19:51:46
A French company to sue Baghdad

Dollar exchange rates in Iraq

Date: 2021-05-03 08:30:09
Dollar exchange rates in Iraq