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Central Bank auction sales rise to $35 million
2021-03-29 03:55
Shafq News/ The Central Bank of Iraq's hard currency sales rose again on Monday, to record $35 million.
During its auction of foreign exchange, the Central Bank of Iraq saw its sales rise by 169.33 percent to 35 million dollars, which was covered by the bank at a base rate of 1,460 dinars per dollar, compared to Sunday's sales of 13 million and 82,000 dollars, according to a reporter for The Twilight News agency.
The purchases, worth 35 million and 234,000 dollars, went to boost assets abroad in the form of remittances and credits, while banks did not buy the dollar in cash.
Our correspondent noted that seven banks have met requests to strengthen assets abroad.
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2021-03-29 03:55
Shafq News/ The Central Bank of Iraq's hard currency sales rose again on Monday, to record $35 million.
During its auction of foreign exchange, the Central Bank of Iraq saw its sales rise by 169.33 percent to 35 million dollars, which was covered by the bank at a base rate of 1,460 dinars per dollar, compared to Sunday's sales of 13 million and 82,000 dollars, according to a reporter for The Twilight News agency.
The purchases, worth 35 million and 234,000 dollars, went to boost assets abroad in the form of remittances and credits, while banks did not buy the dollar in cash.
Our correspondent noted that seven banks have met requests to strengthen assets abroad.
[You must be registered and logged in to see this link.]
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