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Central Bank of Iraq sales hit first trade for new year

rocky
rocky
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Central Bank of Iraq sales hit first trade for new year Empty Central Bank of Iraq sales hit first trade for new year

Post by rocky on Mon 04 Jan 2021, 8:30 am

Central Bank of Iraq sales hit first trade for new year

 2021-01-04 04:09
  
Shafq News/ The Central Bank of Iraq's foreign exchange sales fell as sales opened on Monday during the first trading of the new year.

According to the correspondent of The Twilight News Agency, the Central Bank of Iraq witnessed during its auction to buy and sell foreign currencies today a decrease in sales by 27.27% to reach 8 million and 135 thousand dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to last Thursday, where sales reached 11 million and 427 thousand dollars.

He added that the trading was all within the framework of the request of 8 million dollars 135 thousand dollars to strengthen balances abroad in the form of remittances and credits, while banks did not buy this amount in cash.

Our correspondent noted that six banks have met requests to strengthen assets abroad.

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