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External remittances to the dollar increased by 86% at the Central Bank of Iraq auction
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2023-11-12 04:44
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2023-11-12 04:44
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Shafaq News/ External remittances increased at the Central Bank’s auction, today, Sunday, by 86% at the expense of cash sales, to reach 206 million dollars.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 235 million 236 thousand and 339 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 206 million, 657 thousand and 539 dollars, an increase of 86%, compared to cash sales amounting to 28 million, 578 thousand and 800 dollars.
Our correspondent pointed out 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 53 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 235 million 236 thousand and 339 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 206 million, 657 thousand and 539 dollars, an increase of 86%, compared to cash sales amounting to 28 million, 578 thousand and 800 dollars.
Our correspondent pointed out 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 53 companies.
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