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$249 million... Central Bank sales
Economical 03/26/2024
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Sales of the Central Bank of Iraq in the currency auction yesterday, Monday, amounted to more than 249 million dollars. During its auction for buying and selling the US dollar, the Central Bank sold 249 million, 950 thousand and 923 dollars, covering it at a base exchange rate of 1,305 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,310 dinars per dollar in cash. Most of the bank's sales of dollars went to strengthen balances abroad in the form of transfers and credits, which amounted to 235 million 620 thousand and 923 dollars, an increase of 94% over cash sales amounting to 14 million and 330 thousand dollars. The number of banks that bought cash dollars reached five banks, while the number of The banks that responded to requests to enhance balances abroad were 15 banks, while the total number of exchange and brokerage companies participating in the auction was 71 companies.
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