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[size=52]Iraqi Central Bank sales exceed $253 million in today's auction[/size]
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2024-09-25
The Central Bank of Iraq's dollar sales rose on Wednesday to more than $253 million in a currency auction, compared to Tuesday's sales.[/size]
[size=45]Our correspondent reported that the bank sold in its auction today 253 million, 480 thousand and 742 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.[/size]
[size=45]He added that most of the dollar sales went to boost balances abroad in the form of remittances and credits, which amounted to $245 million, 930 thousand and 742, an increase of 97% over cash sales, which amounted to $7 million, 550 thousand.[/size]
[size=45]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 14 banks, and the total number of exchange companies participating in the auction was 14 companies.[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]Iraqi Central Bank sales exceed $253 million in today's auction[/size]
[size=45][You must be registered and logged in to see this image.]
2024-09-25
The Central Bank of Iraq's dollar sales rose on Wednesday to more than $253 million in a currency auction, compared to Tuesday's sales.[/size]
[size=45]Our correspondent reported that the bank sold in its auction today 253 million, 480 thousand and 742 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.[/size]
[size=45]He added that most of the dollar sales went to boost balances abroad in the form of remittances and credits, which amounted to $245 million, 930 thousand and 742, an increase of 97% over cash sales, which amounted to $7 million, 550 thousand.[/size]
[size=45]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 14 banks, and the total number of exchange companies participating in the auction was 14 companies.[/size]
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