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"By 86%"... an increase in currency auction transfers from the dollar outside Iraq
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2023-11-06 03:56
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2023-11-06 03:56
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Shafaq News/ External remittances increased at the Central Bank of Iraq auction, today, Monday, by 86% at the expense of cash sales, to reach 199 million dollars.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 227 million 447 thousand and 755 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.” External, at the same price 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 199 million 757 thousand and 755 dollars, an increase of 86%, compared to cash sales amounting to 27 million 690 thousand dollars.
Our correspondent indicated that the number of banks that purchased cash dollars reached 4 banks, while the number of banks that responded to requests to enhance balances abroad reached 22 banks, while the total number of exchange and brokerage companies participating in the auction was 48 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 227 million 447 thousand and 755 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.” External, at the same price 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 199 million 757 thousand and 755 dollars, an increase of 86%, compared to cash sales amounting to 27 million 690 thousand dollars.
Our correspondent indicated that the number of banks that purchased cash dollars reached 4 banks, while the number of banks that responded to requests to enhance balances abroad reached 22 banks, while the total number of exchange and brokerage companies participating in the auction was 48 companies.
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