According to the dollar sales table published by the Central Bank’s website, 29 banks and 134 exchange companies participated in meeting external transfer requests worth up to $167.5 million. While cash orders amounted to more than $22.8 million.
The Central Bank of Iraq sells the dollar at different prices depending on the type of transaction, as its price is 1,305 dinars per dollar for documentary credits and international settlements for electronic cards, 1,310 dinars per dollar for external transfers, and 1,310 dinars per dollar in cash.
More than 90 billion dinars in fines from the Iraqi Central Bank
The Central Bank of Iraq announced on Tuesday that fines imposed on banks and non-banking institutions (exchange companies) have amounted to more than 90 billion Iraqi dinars during the past eight months. According to a table issued by the bank and reviewed by Shafaq News Agency, the fines imposed on banks and financial companies during the past eight months, from January to August, amounted to 94 billion, 423 million, 879 thousand and 901 dinars. The table showed that these fines also include 336 administrative penalties, divided into warnings, warnings, and grace periods. The names of the banks on which fines and administrative penalties were imposed were not revealed. The Investors Association in the Iraq Stock Exchange criticized the increase in fines imposed by the Central Bank of Iraq on banks at the beginning of last June, noting that it would affect the profitability of investors in the shares of these banks.
2023-09-26 14:47:50
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