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Increase in foreign remittance sales at the Central Bank of Iraq auction
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2024-05-23 06:26
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2024-05-23 06:26
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Shafaq News/ Foreign remittance sales at the Central Bank of Iraq auction, on Thursday, increased by 90% at the expense of cash sales, reaching more than 252 million dollars.
Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 277 million 354 thousand and 736 dollars, which the bank covered at a base exchange rate of 1,310 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 1,305 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 252 million, 154,736 dollars, an increase of 90% over cash sales of 25 million and 200 thousand dollars.”
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Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 277 million 354 thousand and 736 dollars, which the bank covered at a base exchange rate of 1,310 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 1,305 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 252 million, 154,736 dollars, an increase of 90% over cash sales of 25 million and 200 thousand dollars.”
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