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Sales of foreign remittances increased by 87% compared to cash in the Iraqi currency auction
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2023-08-21 04:07
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Shafaq News/ Sales of foreign remittances increased today, Monday, by 87%, compared to cash sales in today's auction.
Shafaq News Agency reporter stated, "The Central Bank sold today, during its auction for the sale and purchase of US dollars, 190,408,170 dollars, which the bank covered at a basic exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements of electronic cards, and at a price of 1,310 dinars per dollar for external transfers, at a price of 1,310." Dinars per dollar in cash.
Our correspondent added that most of the dollar sales went to boost balances abroad in the form of (remittances, credits), amounting to 168,758,170 dollars, an increase of 87% compared to cash sales, which amounted to 21,650,000 in the form of cash sales.
Our correspondent indicated that the number of banks that bought cash dollars amounted to 7 banks, while the number of banks that responded to requests for strengthening balances abroad reached 19 banks, while the total number of exchange and mediation companies participating in the auction was 37 companies.
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[You must be registered and logged in to see this image.]
2023-08-21 04:07
Share
Font
Shafaq News/ Sales of foreign remittances increased today, Monday, by 87%, compared to cash sales in today's auction.
Shafaq News Agency reporter stated, "The Central Bank sold today, during its auction for the sale and purchase of US dollars, 190,408,170 dollars, which the bank covered at a basic exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements of electronic cards, and at a price of 1,310 dinars per dollar for external transfers, at a price of 1,310." Dinars per dollar in cash.
Our correspondent added that most of the dollar sales went to boost balances abroad in the form of (remittances, credits), amounting to 168,758,170 dollars, an increase of 87% compared to cash sales, which amounted to 21,650,000 in the form of cash sales.
Our correspondent indicated that the number of banks that bought cash dollars amounted to 7 banks, while the number of banks that responded to requests for strengthening balances abroad reached 19 banks, while the total number of exchange and mediation companies participating in the auction was 37 companies.
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