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Iraqi currency auction transfers rise by 88%
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2023-11-23 05:35
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Shafaq News/ External remittances increased at the Central Bank of Iraq auction, today, Thursday, by 88% at the expense of cash sales, to reach 207 million US dollars.
Shafaq News Agency correspondent stated that the Central Bank sold today during its auction for buying and selling the US dollar 230 million 890 thousand and 108 dollars, which the bank covered at a base exchange rate of 1305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1310 dinars per dollar for transfers. 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 207 million 265 thousand and 608 dollars, an increase of 88%, compared to cash sales amounting to 23 million 624 thousand dollars.
Our correspondent indicated that the number of banks that purchased the cash dollar amounted to 9 banks, while the number of banks that responded to requests to enhance balances abroad reached 19 banks, while the total number of exchange and brokerage companies participating in the auction was 83 companies.
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[You must be registered and logged in to see this image.]
2023-11-23 05:35
Share
Font
Shafaq News/ External remittances increased at the Central Bank of Iraq auction, today, Thursday, by 88% at the expense of cash sales, to reach 207 million US dollars.
Shafaq News Agency correspondent stated that the Central Bank sold today during its auction for buying and selling the US dollar 230 million 890 thousand and 108 dollars, which the bank covered at a base exchange rate of 1305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1310 dinars per dollar for transfers. 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 207 million 265 thousand and 608 dollars, an increase of 88%, compared to cash sales amounting to 23 million 624 thousand dollars.
Our correspondent indicated that the number of banks that purchased the cash dollar amounted to 9 banks, while the number of banks that responded to requests to enhance balances abroad reached 19 banks, while the total number of exchange and brokerage companies participating in the auction was 83 companies.
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