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About $280 million.. The Central Bank of Iraq’s foreign sales rise
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2024-12-04 05:43
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2024-12-04 05:43
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Shafaq News/ Foreign remittance sales increased in the Central Bank auction on Wednesday by 96% to reach more than $277 million.
Shafaq News Agency correspondent reported that the bank sold 287 million, 893 thousand, and 366 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 $277 million, 693 thousand and 366, an increase of 96% over cash sales amounting to $10 million and 200 thousand.
Our correspondent indicated that the number of banks that purchased cash dollars was 100, while the number of banks that met requests to enhance balances abroad was 6 banks, and the total number of exchange companies participating in the auction was 16 companies.
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Shafaq News Agency correspondent reported that the bank sold 287 million, 893 thousand, and 366 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 $277 million, 693 thousand and 366, an increase of 96% over cash sales amounting to $10 million and 200 thousand.
Our correspondent indicated that the number of banks that purchased cash dollars was 100, while the number of banks that met requests to enhance balances abroad was 6 banks, and the total number of exchange companies participating in the auction was 16 companies.
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