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Central Bank of Iraq sales exceeded $220 million at today’s auction
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2023-12-14 04:53
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2023-12-14 04:53
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Shafaq News/ External remittances increased at the Central Bank’s auction, today, Thursday, by 92% at the expense of cash sales, to reach 203 million dollars.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 219 million 157 thousand 334 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 external transfers.” At a price of 1,310 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 203 million 367 thousand and 334 dollars, an increase of 92%, compared to cash sales amounting to 15 million 790 thousand dollars.
Our correspondent pointed out that the number of banks that bought cash dollars reached 8 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 133 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 219 million 157 thousand 334 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 external transfers.” At a price of 1,310 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 203 million 367 thousand and 334 dollars, an increase of 92%, compared to cash sales amounting to 15 million 790 thousand dollars.
Our correspondent pointed out that the number of banks that bought cash dollars reached 8 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 133 companies.
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