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The Central Bank of Iraq sales decreased by 18% in the currency auction
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2023-03-14 05:07
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Shafaq News/ The Central Bank’s sales of dollars decreased in an auction today, Tuesday, by 18%, to reach 176 million dollars.
Shafaq News agency reporter stated, "The Central Bank sold today, during its auction for buying and selling US dollars, 176 million 955 thousand and 968 dollars, a decrease of 18.14% compared to yesterday, Monday, in which sales amounted to 215 million 493 thousand and 281 dollars, which the bank covered at a basic exchange rate of 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 enhance balances abroad in the form of (remittances, credits) at 120 million 275 thousand and 968 dollars, while the rest of 56 million and 680 thousand dollars went in the form of cash sales.
Our correspondent indicated that the number of banks that bought the cash dollar amounted to 16, while the number of banks that met requests for strengthening balances abroad reached 21, while the total number of exchange and mediation companies participating in the auction was 171.
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[You must be registered and logged in to see this image.]
2023-03-14 05:07
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Shafaq News/ The Central Bank’s sales of dollars decreased in an auction today, Tuesday, by 18%, to reach 176 million dollars.
Shafaq News agency reporter stated, "The Central Bank sold today, during its auction for buying and selling US dollars, 176 million 955 thousand and 968 dollars, a decrease of 18.14% compared to yesterday, Monday, in which sales amounted to 215 million 493 thousand and 281 dollars, which the bank covered at a basic exchange rate of 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 enhance balances abroad in the form of (remittances, credits) at 120 million 275 thousand and 968 dollars, while the rest of 56 million and 680 thousand dollars went in the form of cash sales.
Our correspondent indicated that the number of banks that bought the cash dollar amounted to 16, while the number of banks that met requests for strengthening balances abroad reached 21, while the total number of exchange and mediation companies participating in the auction was 171.
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