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External remittances to the dollar increased by 75% at the Central Bank of Iraq auction
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2023-10-08 04:50
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2023-10-08 04:50
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Shafaq News/ External remittances increased at the Central Bank’s auction, today, Sunday, by 75% at the expense of cash sales, to reach 156 million dollars.
Shafaq News Agency correspondent stated, “Today during its auction for buying and selling the US dollar, the Central Bank sold 195 million 502 thousand and 595 dollars, which the bank covered at a base exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1,310 dinars per dollar for remittances.” Foreign affairs at a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the bank's dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 156 million, 462,595 dollars, an increase of 75%, compared to cash sales of 39 million, 40 thousand dollars.
Our correspondent pointed out that the number of banks that purchased cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 19 banks, while the total number of exchange and brokerage companies participating in the auction was 47 companies.
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Shafaq News Agency correspondent stated, “Today during its auction for buying and selling the US dollar, the Central Bank sold 195 million 502 thousand and 595 dollars, which the bank covered at a base exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1,310 dinars per dollar for remittances.” Foreign affairs at a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the bank's dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 156 million, 462,595 dollars, an increase of 75%, compared to cash sales of 39 million, 40 thousand dollars.
Our correspondent pointed out that the number of banks that purchased cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 19 banks, while the total number of exchange and brokerage companies participating in the auction was 47 companies.
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