Economy News _ Baghdad
The Central Bank of Iraq (CBI)'s foreign exchange sales rose to $ 128.44 million Tuesday from $ 120.09 million on Monday, an increase of $ 8.35 million, the central bank said in a statement.
The Central Bank said in a statement received by "Economy News", that the exchange rate amounted to 1182 dinars per dollar in the auction held with the participation of 42 banks, and 10 companies for financial transfer.
The bank said in its statement that the sales are the outcome of the auction scheduled for Wednesday, July 26.
The volume of funds sold to strengthen bank balances abroad was about $ 122.9 million, while the amount of cash sold was estimated at $ 5.54 million.
The Central Bank said in a statement that the sale of the amounts transferred to the accounts of banks abroad at a price of 1190 dinars per dollar, while the cash sale will be at the same price.
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