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[rtl]The Central Bank sells more than $250 million during its daily auction[/rtl]
Economy , 05/07/2024 17:15 Number of readings: 126
Economy , 05/07/2024 17:15 Number of readings: 126
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[rtl]Baghdad - Iraq today:[/rtl]
[rtl]The Central Bank of Iraq's dollar sales amounted to more than 278 million dollars today, Tuesday, at the currency auction.
An official source stated that the Central Bank sold in its auction today 278 million, 618 thousand and 406 dollars, which it 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.
He added that most of the dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 253 million and 58 thousand and 406 dollars, an increase of 90% over cash sales amounting to 25 million and 560 thousand dollars.
He pointed out that the number of banks that purchased cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 4 banks, and the total number of exchange and brokerage companies participating in the auction was 181 companies.[/rtl]
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