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Central: $ 133 million foreign currency sales by Sunday auction
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The Central Bank of Iraq (CBE) data showed a rise in foreign currency sales by Sunday to 132.82 million dollars, compared to sales of 117.56 million dollars last Thursday, an increase of 15.26 million dollars.
According to the central statement, the exchange rate amounted to 1190 dinars per dollar, in the auction held with the participation of 29 banks, in addition to a single transfer company.
He explained that "sales executed today are the results of the day on Monday," noting that "total sales totaled $ 158.37 million."
The volume of funds sold to strengthen the bank balances abroad was $ 131.62 million, while total cash sold was estimated at $ 1.2 million.
The amounts transferred to the accounts of banks abroad were sold at a price of 1190 dinars per dollar, and the cash sale will be at the same price, according to the statement.
At Thursday's auction, central bank data showed foreign currency sales rose to $ 117.56 million, compared to $ 115.95 million in Wednesday's auction.
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