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[size=52]External transfers to the Central Bank of Iraq are approaching $200 million[/size]
[size=45][You must be registered and logged in to see this image.]
Wednesday, February 7
The Central Bank’s auction on Wednesday witnessed an increase in foreign remittances, reaching $187 million compared to the previous auction. Today, the Central Bank sold an amount of 203 million and 721 thousand and 6 dollars in its buying and selling auction at a basic exchange rate of 1,305 dinars for documentary credits and international settlements, and 1,310 dinars for external transfers and also for cash transfers.[/size]
[size=45]It should be noted that the Central Bank’s sales of dollars were mostly to enhance balances abroad in the form of transfers and credits, and amounted to 187 million 551 thousand and 6 dollars, which constitutes an increase of 91% compared to cash sales that amounted to 16 million and 170 thousand dollars. The auction included 5 banks that purchased cash dollars and 15 banks that responded to requests to enhance balances abroad, while the number of participating exchange and brokerage companies reached 87 companies.[/size]
[size=45]This increase in foreign remittances comes within the context of banking market movements, and reflects the continuing demand for and exchange of foreign currencies. The numbers indicate an increased interest in enhancing balances abroad through remittances and credits, which reflects developments in the global economy and the continuing need to exchange foreign currencies continuously and effectively.[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]External transfers to the Central Bank of Iraq are approaching $200 million[/size]
[size=45][You must be registered and logged in to see this image.]
Wednesday, February 7
The Central Bank’s auction on Wednesday witnessed an increase in foreign remittances, reaching $187 million compared to the previous auction. Today, the Central Bank sold an amount of 203 million and 721 thousand and 6 dollars in its buying and selling auction at a basic exchange rate of 1,305 dinars for documentary credits and international settlements, and 1,310 dinars for external transfers and also for cash transfers.[/size]
[size=45]It should be noted that the Central Bank’s sales of dollars were mostly to enhance balances abroad in the form of transfers and credits, and amounted to 187 million 551 thousand and 6 dollars, which constitutes an increase of 91% compared to cash sales that amounted to 16 million and 170 thousand dollars. The auction included 5 banks that purchased cash dollars and 15 banks that responded to requests to enhance balances abroad, while the number of participating exchange and brokerage companies reached 87 companies.[/size]
[size=45]This increase in foreign remittances comes within the context of banking market movements, and reflects the continuing demand for and exchange of foreign currencies. The numbers indicate an increased interest in enhancing balances abroad through remittances and credits, which reflects developments in the global economy and the continuing need to exchange foreign currencies continuously and effectively.[/size]
[size=45][You must be registered and logged in to see this link.]
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