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Decline in central bank dollar sales
Economical 12/17/2023
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Baghdad: Sabah
The Central Bank of Iraq’s total sales of hard currency for the US dollar during the past week amounted to more than 800 million dollars.
The Central Bank sold during Last week, for the four days in which the auction opened, 883 million 860 thousand and 97 dollars were sold, with a daily average of 220 million 965 thousand and 24 dollars, lower than what was recorded last week, which amounted to 1 billion 48 million 170 thousand and 594 dollars.The highest dollar sales were on Wednesday, as sales amounted to 222 million, 559 thousand and 204 dollars, while the lowest sales were on Thursday, as sales amounted to 219 million, 157 thousand and 334 dollars.Sales of foreign remittances during the past week amounted to 801 million 30 thousand and 97 dollars, an increase of 90% compared to cash sales that amounted to 82 million 830 thousand dollars.Our correspondent explained that the sales went in the form of Cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of transfers abroad and the cash selling price reached 1,310 dinars per dollar.
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