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Iraqi Central Bank sales rise to nearly $300 million in today's auction
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2024-08-01 06:42
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2024-08-01 06:42
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Shafaq News/ The Central Bank of Iraq's dollar sales increased on Thursday to more than $284 million in the currency auction, compared to Wednesday.
Shafaq News Agency correspondent reported that the bank sold 284 million, 489 thousand, and 187 dollars in its auction today, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and at a rate of 1310 dinars per dollar for 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 $270,439,187, an increase of 95% over cash sales of $14,050,000.
Our correspondent pointed out that the number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 15 banks, and the total number of exchange companies participating in the auction was 9 companies.
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Shafaq News Agency correspondent reported that the bank sold 284 million, 489 thousand, and 187 dollars in its auction today, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and at a rate of 1310 dinars per dollar for 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 $270,439,187, an increase of 95% over cash sales of $14,050,000.
Our correspondent pointed out that the number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 15 banks, and the total number of exchange companies participating in the auction was 9 companies.
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