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Foreign remittance sales increase by 97% at Central Bank auction
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2024-10-16 06:00
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2024-10-16 06:00
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Shafaq News/ Foreign remittance sales increased in the Central Bank auction on Wednesday by 97% to reach more than $246 million.
Shafaq News Agency correspondent reported that the bank sold 253 million, 497 thousand, and 545 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 $246 million, 97 thousand, and 545, an increase of 97% over cash sales amounting to $7 million, 400 thousand.
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 11 banks, and the total number of exchange companies participating in the auction was 10 companies.
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Shafaq News Agency correspondent reported that the bank sold 253 million, 497 thousand, and 545 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 $246 million, 97 thousand, and 545, an increase of 97% over cash sales amounting to $7 million, 400 thousand.
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 11 banks, and the total number of exchange companies participating in the auction was 10 companies.
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