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[size=52]Increase in foreign remittance sales at the Central Bank of Iraq auction[/size]
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05-29-2024
Foreign remittance sales at the Central Bank’s auction, on Wednesday, increased by 90% over cash sales, reaching more than $255 million.[/size]
[size=45]Our correspondent stated that the Central Bank sold today, during its auction for buying and selling the US dollar, 277 million and 778 thousand and 717 dollars, which it 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, and at a price of 1,305 dinars per dollar. Critically.[/size]
[size=45]Our correspondent added that most of the dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 255 million 828 thousand and 717 dollars, an increase of 91% over cash sales amounting to 21 million and 950 thousand dollars.[/size]
[size=45]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 15 banks, and the total number of exchange and brokerage companies participating in the auction was 76 companies.[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]Increase in foreign remittance sales at the Central Bank of Iraq auction[/size]
[size=45][You must be registered and logged in to see this image.]
05-29-2024
Foreign remittance sales at the Central Bank’s auction, on Wednesday, increased by 90% over cash sales, reaching more than $255 million.[/size]
[size=45]Our correspondent stated that the Central Bank sold today, during its auction for buying and selling the US dollar, 277 million and 778 thousand and 717 dollars, which it 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, and at a price of 1,305 dinars per dollar. Critically.[/size]
[size=45]Our correspondent added that most of the dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 255 million 828 thousand and 717 dollars, an increase of 91% over cash sales amounting to 21 million and 950 thousand dollars.[/size]
[size=45]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 15 banks, and the total number of exchange and brokerage companies participating in the auction was 76 companies.[/size]
[size=45][You must be registered and logged in to see this link.]
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