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$4 billion...Central Bank sales
Economical 05/14/2024
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The Central Bank of Iraq's currency auction sales amounted to more than four billion dollars during the month of April.
During last April, in its auction for buying and selling the US dollar, the Central Bank sold four billion, 348 million, 889 thousand and 811 dollars, at a daily rate of 241 million, 604 thousand and 989 dollars.
Foreign remittance sales during the past month amounted to 4 billion, 39 million, 874 thousand and 811 dollars, an increase of 92 percent compared to cash sales, which amounted to 309 million, 874 thousand and 811 dollars.
These sales were distributed between transfers abroad to finance foreign trade, and cash sales to banks, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, and the selling price of transfers abroad was 1,310 dinars per dollar.
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