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A "noticeable" decline in cash sales at the Iraqi Central Auction
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2023-08-13 02:59
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Shafaq News/ Cash sales decreased in the auction today, Sunday, to 22 million dollars.
Shafaq News agency reporter stated, "The Central Bank sold today, during its auction for buying and selling US dollars, 207 million, 684 thousand and 288 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 boost balances abroad in the form of (remittances, credits) at 184,974,288 dollars, while the rest of 22,710,000 went in the form of low cash sales compared to last Thursday, which amounted to 36 million. and $360,000.
Our correspondent indicated that the number of banks that bought cash dollars amounted to 9 banks, while the number of banks that responded to requests for strengthening balances abroad reached 17 banks, while the total number of exchange and mediation companies participating in the auction was 54 companies.
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[You must be registered and logged in to see this image.]
2023-08-13 02:59
Share
Font
Shafaq News/ Cash sales decreased in the auction today, Sunday, to 22 million dollars.
Shafaq News agency reporter stated, "The Central Bank sold today, during its auction for buying and selling US dollars, 207 million, 684 thousand and 288 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 boost balances abroad in the form of (remittances, credits) at 184,974,288 dollars, while the rest of 22,710,000 went in the form of low cash sales compared to last Thursday, which amounted to 36 million. and $360,000.
Our correspondent indicated that the number of banks that bought cash dollars amounted to 9 banks, while the number of banks that responded to requests for strengthening balances abroad reached 17 banks, while the total number of exchange and mediation companies participating in the auction was 54 companies.
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