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"Currency Auction"... The Iraqi Central Bank transfers more than 200 million dollars abroad
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2023-12-12 05:37
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Shafaq News/ External remittances increased at the Central Bank’s auction on Tuesday, by 91% at the expense of cash sales, to reach 201 million dollars.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 220 million and 131 thousand and 245 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 foreign transfers and at 1,310 dinars per dollar in cash.”
Our correspondent added that most of the bank's dollar sales went to strengthen balances abroad in the form of (remittances, credits), which amounted to 201 million and 561 thousand and 245 dollars, an increase of 91%, compared to cash sales of 18 million and 570 thousand 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 70 companies.
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[You must be registered and logged in to see this image.]
2023-12-12 05:37
Share
Font
Shafaq News/ External remittances increased at the Central Bank’s auction on Tuesday, by 91% at the expense of cash sales, to reach 201 million dollars.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 220 million and 131 thousand and 245 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 foreign transfers and at 1,310 dinars per dollar in cash.”
Our correspondent added that most of the bank's dollar sales went to strengthen balances abroad in the form of (remittances, credits), which amounted to 201 million and 561 thousand and 245 dollars, an increase of 91%, compared to cash sales of 18 million and 570 thousand 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 70 companies.
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