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$266 million in sales of the Central Bank of Iraq in today's auction
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2024-10-28 06:14
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Shafaq News/ The Central Bank of Iraq's sales of the US dollar amounted to more than $266 million in the currency auction on Monday.
Shafaq News Agency correspondent reported that the bank sold 266 million, 514 thousand, and 729 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 $255 million, 764 thousand and 729, an increase of 96% over cash sales amounting to $10 million, 750 thousand.
Our correspondent pointed out that only one bank purchased cash dollars, 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 12 companies.
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[You must be registered and logged in to see this image.]
2024-10-28 06:14
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Shafaq News/ The Central Bank of Iraq's sales of the US dollar amounted to more than $266 million in the currency auction on Monday.
Shafaq News Agency correspondent reported that the bank sold 266 million, 514 thousand, and 729 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 $255 million, 764 thousand and 729, an increase of 96% over cash sales amounting to $10 million, 750 thousand.
Our correspondent pointed out that only one bank purchased cash dollars, 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 12 companies.
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