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A significant decline in the Central Bank of Iraq's dollar sales in today's auction
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2023-03-02 04:50
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Shafaq News/ The Central Bank’s sales of dollars decreased in an auction today, Thursday, by 70%, to record 140 million dollars.
Shafaq News agency reporter stated, "The Central Bank sold today, during its auction for buying and selling US dollars, 82 million 617 thousand and 564 dollars, a decrease of 70% compared to yesterday, Wednesday, in which sales amounted to 140 million 390 thousand and 285 dollars, which the bank covered at an exchange rate." The base amounted to 1305 dinars per dollar for documentary credits and international settlements of electronic cards, at a price of 1310 dinars per dollar for foreign transfers, and 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 63,317,564 dollars, while the remaining 19,300,000 dollars went in the form of cash sales.
Our correspondent indicated that the number of banks that bought cash dollars amounted to 8 banks, while the number of banks that responded to requests for strengthening balances abroad reached 18 banks, while the total number of exchange and mediation companies participating in the auction was 34 companies.
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