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"Currency Auction"... The Iraqi Central Bank transfers more than 162 million dollars
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2023-10-05 04:53
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Shafaq News/ External remittances increased at the Central Bank’s auction on Thursday, by 81% at the expense of cash sales, to reach $162 million.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 193 million 82 thousand and 499 dollars, which the bank covered at a base exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at 1,310 dinars per dollar for transfers.” Foreign Affairs, at a price of 1,310 dinars per dollar in cash.
Our correspondent added; “Most of the bank’s dollar sales went to strengthen balances abroad in the form of (remittances, credits), which amounted to 162 million 862 thousand and 499 dollars, an increase of 81.44%, compared to cash sales amounting to 30 million 220 thousand dollars.”
Our correspondent pointed out that the number of banks that purchased cash dollars reached 9 banks, while the number of banks that responded to requests to enhance balances abroad reached 18 banks, while the total number of exchange and brokerage companies participating in the auction was 142 companies.
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[You must be registered and logged in to see this image.]
2023-10-05 04:53
Share
Font
Shafaq News/ External remittances increased at the Central Bank’s auction on Thursday, by 81% at the expense of cash sales, to reach $162 million.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 193 million 82 thousand and 499 dollars, which the bank covered at a base exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at 1,310 dinars per dollar for transfers.” Foreign Affairs, at a price of 1,310 dinars per dollar in cash.
Our correspondent added; “Most of the bank’s dollar sales went to strengthen balances abroad in the form of (remittances, credits), which amounted to 162 million 862 thousand and 499 dollars, an increase of 81.44%, compared to cash sales amounting to 30 million 220 thousand dollars.”
Our correspondent pointed out that the number of banks that purchased cash dollars reached 9 banks, while the number of banks that responded to requests to enhance balances abroad reached 18 banks, while the total number of exchange and brokerage companies participating in the auction was 142 companies.
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