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Central Bank of Iraq sales rise to nearly $270 million in today's auction
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2024-10-24 06:43
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2024-10-24 06:43
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Shafaq News/ The Central Bank of Iraq's dollar sales increased on Thursday to more than $266 million in the currency auction, compared to Wednesday.
Shafaq News Agency correspondent reported that the bank sold 266 million, 872 thousand, and 747 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 $258,972,747, up 97% from cash sales of $7,900,000.
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 13 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 266 million, 872 thousand, and 747 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 $258,972,747, up 97% from cash sales of $7,900,000.
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 13 banks, and the total number of exchange companies participating in the auction was 9 companies.
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