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Iraqi currency auction.. An increase in dollar sales for foreign remittances
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2023-02-20 04:36
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Shafaq News/ The Central Bank of Iraq's sales of foreign remittances of US dollars increased in an auction today, Monday, at the expense of cash sales.
Shafaq News agency reporter stated that the Central Bank sold today, during its auction for buying and selling US dollars, 122 million, 650 thousand and 817 dollars, which the bank covered at a basic exchange rate of 1,305 dinars per dollar for documentary credits and international settlements of electronic cards, and at a price of 1,310 dinars per dollar for external transfers. At a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the dollar sales went to reinforce the balances abroad in the form of (remittances, credits), amounting to 85,850,817 dollars, while the remaining 36,800,000 dollars went in the form of cash sales.
Our correspondent indicated that the number of banks that bought cash dollars amounted to 10 banks, while the number of banks that responded to requests to strengthen balances abroad reached 22 banks, while the total number of exchange and mediation companies participating in the auction was 140 companies.
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[You must be registered and logged in to see this image.]
2023-02-20 04:36
Share
Font
Shafaq News/ The Central Bank of Iraq's sales of foreign remittances of US dollars increased in an auction today, Monday, at the expense of cash sales.
Shafaq News agency reporter stated that the Central Bank sold today, during its auction for buying and selling US dollars, 122 million, 650 thousand and 817 dollars, which the bank covered at a basic exchange rate of 1,305 dinars per dollar for documentary credits and international settlements of electronic cards, and at a price of 1,310 dinars per dollar for external transfers. At a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the dollar sales went to reinforce the balances abroad in the form of (remittances, credits), amounting to 85,850,817 dollars, while the remaining 36,800,000 dollars went in the form of cash sales.
Our correspondent indicated that the number of banks that bought cash dollars amounted to 10 banks, while the number of banks that responded to requests to strengthen balances abroad reached 22 banks, while the total number of exchange and mediation companies participating in the auction was 140 companies.
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