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Central bank sales approaching one billion dollars in 4 days
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Economy News-Baghdad
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Added 04/22/2023 - 2:04 PM
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Economy News-Baghdad
The Central Bank of Iraq's total sales of hard currency to dollars rose during the past week to more than 900 million dollars.
The correspondent of the "Economy News" agency stated that the Central Bank sold during the past week, during the four days in which the auction was opened, the amount of 904 million and 354 thousand and 091 dollars, at a daily rate of 226 million and 88 thousand and 522 dollars, up by 2.26% from what was recorded in the week that followed. It preceded it, in which the sales rate reached 211 million and 156 thousand and 980 dollars.
He added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 283 million and 45 thousand and 994 dollars, while the lowest sales were on Monday, when sales amounted to 127 million and 85 thousand and 570 dollars.
He pointed out that sales of foreign remittances amounted during the past week to 539,954,091 dollars, an increase of 32.51%, compared to cash sales, which amounted to 364,400,000 dollars.
He explained that the sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.
Views 35
Added 04/22/2023 - 2:04 PM
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