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Increase in foreign remittance sales at the Central Bank of Iraq
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2024-04-28 05:41
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2024-04-28 05:41
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Shafaq News/ External remittances at the Central Bank of Iraq auction increased by 95% on Sunday, at the expense of cash sales, to reach 261 million dollars.
Shafaq News Agency correspondent said, “Today, during its auction for buying and selling the US dollar, the Central Bank sold 275 million 227 thousand and 267 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.
He added; Most of the bank's dollar sales went to strengthening balances abroad in the form of (transfers, credits) which amounted to 261 million and 37 thousand and 267 dollars, an increase of 95% over cash sales of 14 million and 190 thousand dollars.
Our correspondent indicated that the number of banks that purchased cash dollars reached 4 banks, while the number of banks that responded to requests to enhance balances abroad reached 14 banks, while the total number of exchange and brokerage companies participating in the auction was 42 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 275 million 227 thousand and 267 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.
He added; Most of the bank's dollar sales went to strengthening balances abroad in the form of (transfers, credits) which amounted to 261 million and 37 thousand and 267 dollars, an increase of 95% over cash sales of 14 million and 190 thousand dollars.
Our correspondent indicated that the number of banks that purchased cash dollars reached 4 banks, while the number of banks that responded to requests to enhance balances abroad reached 14 banks, while the total number of exchange and brokerage companies participating in the auction was 42 companies.
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