2024-02-04T10:35:53+00:00
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/ Foreign remittances increased in the Central Bank auction, today, Sunday, by 89% at the expense of cash sales, reaching $198 million.
Agency correspondent reported that the Central Bank of Iraq sold today, during its auction for buying and selling the US dollar, 219 million, 957 thousand and 731 dollars, which the bank covered at a basic exchange rate of 1305 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 for cash sales.
Most of the bank’s dollar sales went to boost balances abroad in the form of (transfers, credits), which amounted to $198 million, 137 thousand, and 731, an increase of 89% over cash sales of $21 million, 820 thousand.
Our correspondent pointed out that the number of banks that purchased cash dollars was 6 banks, while the number of banks that met requests to enhance balances abroad was 19 banks, while the total number of exchange and brokerage companies participating in the auction was 46 companies.