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Jump in the Central Bank of Iraq's dollar sales
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2024-07-28 06:33
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2024-07-28 06:33
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Shafaq News/ The Central Bank of Iraq's sales of the US dollar increased to more than $274 million in the currency auction today, Sunday, compared to sales last Thursday.
Shafaq News Agency correspondent reported that the Central Bank sold in its auction today 274 million, 868 thousand and 286 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and foreign transfers, and at a rate of 1305 dinars per dollar in cash.
He added that most of the dollar sales went to boost balances abroad in the form of remittances and credits, which amounted to $267 million, 368 thousand and 286, an increase of 97% over cash sales of $7 million and 500 thousand.
Our correspondent indicated that the number of banks that purchased cash dollars was 2 banks, while the number of banks that met requests to enhance balances abroad was 17 banks, and the total number of exchange and brokerage companies participating in the auction was 5 companies.
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Shafaq News Agency correspondent reported that the Central Bank sold in its auction today 274 million, 868 thousand and 286 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and foreign transfers, and at a rate of 1305 dinars per dollar in cash.
He added that most of the dollar sales went to boost balances abroad in the form of remittances and credits, which amounted to $267 million, 368 thousand and 286, an increase of 97% over cash sales of $7 million and 500 thousand.
Our correspondent indicated that the number of banks that purchased cash dollars was 2 banks, while the number of banks that met requests to enhance balances abroad was 17 banks, and the total number of exchange and brokerage companies participating in the auction was 5 companies.
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