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Increase in dollar sales from external transfers to the Central Bank of Iraq
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2024-02-27 04:45
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2024-02-27 04:45
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Shafaq News/ External remittances increased at the Central Bank’s auction, today, Tuesday, by 85% at the expense of cash sales, reaching $186 million.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 214 million 597 thousand and 79 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 external transfers.” At a price of 1,310 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 186 million 317 thousand and 79 dollars, an increase of 85%, compared to cash sales amounting to 28 million 280 thousand dollars.
Our correspondent pointed out that the number of banks that bought cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 16 banks, while the total number of exchange and brokerage companies participating in the auction was 173 companies.
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Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 214 million 597 thousand and 79 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 external transfers.” At a price of 1,310 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 186 million 317 thousand and 79 dollars, an increase of 85%, compared to cash sales amounting to 28 million 280 thousand dollars.
Our correspondent pointed out that the number of banks that bought cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 16 banks, while the total number of exchange and brokerage companies participating in the auction was 173 companies.
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