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Decrease in external remittances at the Central Bank of Iraq auction
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2024-01-16 04:23
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Shafaq News/ External remittances decreased in the Central Bank’s auction on Tuesday, reaching $181 million compared to yesterday, Monday.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 208 million and 207 thousand 203 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, "Most of the bank's dollar sales went to strengthen balances abroad in the form of (remittances, credits), which amounted to 181 million 207 thousand and 203 dollars, an increase of 85% over cash sales amounting to 27 million and 100 thousand dollars."
Our correspondent indicated that the number of banks that purchased cash dollars reached 8 banks, while the number of banks that responded to requests to enhance balances abroad reached 13 banks, while the total number of exchange and brokerage companies participating in the auction was 151 companies.
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[You must be registered and logged in to see this image.]
2024-01-16 04:23
Share
Font
Shafaq News/ External remittances decreased in the Central Bank’s auction on Tuesday, reaching $181 million compared to yesterday, Monday.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 208 million and 207 thousand 203 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, "Most of the bank's dollar sales went to strengthen balances abroad in the form of (remittances, credits), which amounted to 181 million 207 thousand and 203 dollars, an increase of 85% over cash sales amounting to 27 million and 100 thousand dollars."
Our correspondent indicated that the number of banks that purchased cash dollars reached 8 banks, while the number of banks that responded to requests to enhance balances abroad reached 13 banks, while the total number of exchange and brokerage companies participating in the auction was 151 companies.
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