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By the end of the week...the Central Bank of Iraq sold nearly 200 million dollars in a currency auction
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2023-10-19 05:56
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2023-10-19 05:56
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Shafaq News/ External remittances increased at the Central Bank’s auction, today, Thursday, by 78% at the expense of cash sales, to reach $163 million.
Shafaq News Agency correspondent said, “Today, during its auction for buying and selling the US dollar, the Central Bank sold 199 million 123 thousand and 90 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 transfers.” Foreign affairs at a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the bank's dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 163 million, 593 thousand and 90 dollars, an increase of 78%, compared to cash sales of 35 million, 530 thousand and 900 dollars.
Our correspondent indicated that the number of banks that bought cash dollars reached 5 banks, while the number of banks that responded to requests to enhance balances abroad reached 21 banks, while the total number of exchange and brokerage companies participating in the auction was 60 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 199 million 123 thousand and 90 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 transfers.” Foreign affairs at a price of 1310 dinars per dollar in cash.
Our correspondent added that most of the bank's dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 163 million, 593 thousand and 90 dollars, an increase of 78%, compared to cash sales of 35 million, 530 thousand and 900 dollars.
Our correspondent indicated that the number of banks that bought cash dollars reached 5 banks, while the number of banks that responded to requests to enhance balances abroad reached 21 banks, while the total number of exchange and brokerage companies participating in the auction was 60 companies.
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