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External remittances increased by 89% in the Central Bank of Iraq auction
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2023-10-12 05:01
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2023-10-12 05:01
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Shafaq News/ External remittances increased at the Central Bank’s auction, today, Thursday, by 89% at the expense of cash sales, to reach 188 million dollars.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 208 million 387 thousand and 458 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 a price of 1,310 dinars per dollar for remittances.” Foreign affairs at a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the bank's sales of dollars went to strengthen balances abroad in the form of (transfers, credits), which amounted to 188 million, 297,458 dollars, an increase of 89%, compared to cash sales of 20 million, 90 thousand dollars.
Our correspondent pointed out that the number of banks that purchased cash dollars reached 8 banks, while the number of banks that responded to requests to enhance balances abroad reached 24 banks, while the total number of exchange and brokerage companies participating in the auction was 77 companies.
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Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 208 million 387 thousand and 458 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 a price of 1,310 dinars per dollar for remittances.” Foreign affairs at a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the bank's sales of dollars went to strengthen balances abroad in the form of (transfers, credits), which amounted to 188 million, 297,458 dollars, an increase of 89%, compared to cash sales of 20 million, 90 thousand dollars.
Our correspondent pointed out that the number of banks that purchased cash dollars reached 8 banks, while the number of banks that responded to requests to enhance balances abroad reached 24 banks, while the total number of exchange and brokerage companies participating in the auction was 77 companies.
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