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During today's auction... the Iraqi Central Bank's sales exceeded $200 million
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Economy News - Baghdad
External remittances rose at the Central Bank’s auction today, Wednesday, to reach $187 million compared to last Monday.
During its auction for buying and selling the US dollar, the Central Bank sold 203 million and 721 thousand and 6 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, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,310 dinars per dollar in cash.
Most of the bank's dollar sales went to strengthening balances abroad in the form of (transfers, credits), which amounted to 187 million 551 thousand and 6 dollars, an increase of 91%, compared to cash sales amounting to 16 million 170 thousand dollars.
The number of banks that purchased cash dollars reached 5 banks, while the number of banks that responded to requests to enhance balances abroad reached 15 banks, while the total number of exchange and brokerage companies participating in the auction was 87 companies.
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Added 02/07/2024 - 3:07 PM
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Economy News - Baghdad
External remittances rose at the Central Bank’s auction today, Wednesday, to reach $187 million compared to last Monday.
During its auction for buying and selling the US dollar, the Central Bank sold 203 million and 721 thousand and 6 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, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,310 dinars per dollar in cash.
Most of the bank's dollar sales went to strengthening balances abroad in the form of (transfers, credits), which amounted to 187 million 551 thousand and 6 dollars, an increase of 91%, compared to cash sales amounting to 16 million 170 thousand dollars.
The number of banks that purchased cash dollars reached 5 banks, while the number of banks that responded to requests to enhance balances abroad reached 15 banks, while the total number of exchange and brokerage companies participating in the auction was 87 companies.
Views 31
Added 02/07/2024 - 3:07 PM
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