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Dollar sales in the Central Bank of Iraq fall to the lowest level in two years
Shafak News/ Dollar sales in the bank's auction fell today, Monday, to the lowest level in nearly two years, to just over $80 million.
Shafak News Agency correspondent stated, "The Central Bank sold today, during its auction to buy and sell US dollars, 80 million and 337 thousand and 582 dollars, which were covered by the bank at a base exchange rate of 1460 dinars per dollar.
The average sales of the bank during the past week amounted to 158 million dollars.
Our correspondent added that 91% of these sales went to enhance balances abroad in the form of remittances and credits, which amounted to 73 million and 537 thousand 582 dollars, while the rest went in the form of cash sales, which amounted to 6 million and 800 thousand dollars.
Our correspondent indicated that 15 banks have responded to requests to enhance balances abroad, and 8 banks to meet cash requests, in addition to 21 mediation companies.
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Shafak News Agency correspondent stated, "The Central Bank sold today, during its auction to buy and sell US dollars, 80 million and 337 thousand and 582 dollars, which were covered by the bank at a base exchange rate of 1460 dinars per dollar.
The average sales of the bank during the past week amounted to 158 million dollars.
Our correspondent added that 91% of these sales went to enhance balances abroad in the form of remittances and credits, which amounted to 73 million and 537 thousand 582 dollars, while the rest went in the form of cash sales, which amounted to 6 million and 800 thousand dollars.
Our correspondent indicated that 15 banks have responded to requests to enhance balances abroad, and 8 banks to meet cash requests, in addition to 21 mediation companies.
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