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Shafaq News/ The Central Bank of Iraq's sales rose today, Sunday, from foreign remittances at the expense of cash sales in today's auction.
Shafak News Agency correspondent stated that today, during its auction for buying and selling the US dollar, the Central Bank witnessed a decrease in its dollar sales by 8.29% to reach 188 million and 251 thousand and 676 US dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to Thursday. Last year, sales amounted to 205 million 787 thousand and 243 US dollars.
He added that the bank's sales went mostly to enhance balances abroad in the form of remittances, which amounted to 156 million and 461 thousand and 676 dollars, while the remaining amount of 31 million and 790 thousand dollars went in cash.
Our correspondent indicated that 27 banks have met requests to enhance balances abroad, 15 banks to meet cash requests, in addition to 172 mediation companies.
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The Central Bank of Iraq's sales of remittances increased and cash decreased
Shafaq News/ The Central Bank of Iraq's sales rose today, Sunday, from foreign remittances at the expense of cash sales in today's auction.
Shafak News Agency correspondent stated that today, during its auction for buying and selling the US dollar, the Central Bank witnessed a decrease in its dollar sales by 8.29% to reach 188 million and 251 thousand and 676 US dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to Thursday. Last year, sales amounted to 205 million 787 thousand and 243 US dollars.
He added that the bank's sales went mostly to enhance balances abroad in the form of remittances, which amounted to 156 million and 461 thousand and 676 dollars, while the remaining amount of 31 million and 790 thousand dollars went in cash.
Our correspondent indicated that 27 banks have met requests to enhance balances abroad, 15 banks to meet cash requests, in addition to 172 mediation companies.
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