2024-01-17T10:55:28+00:00
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/ External remittances increased at the Central Bank of Iraq auction by 91%, today, Wednesday, at the expense of cash sales, to reach 201 million dollars.
Agency correspondent stated that today during its auction for buying and selling the US dollar, the Central Bank sold 220 million and 561 thousand and 970 dollars, which the bank covered at a base exchange rate of 1,305 dinars per dollar for documentary credits and international settlements for electronic cards, and at a price of 1,310 dinars per dollar for foreign transfers, and at a price 1310 dinars per dollar in cash.
Our correspondent added that most of the bank’s dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 201 million, 651,970 dollars, an increase of 91% over cash sales of 18 million, 910 thousand dollars.
Our correspondent indicated that the number of banks that purchased the cash dollar amounted to 8 banks, while the number of banks that responded to requests to enhance balances abroad reached 22 banks, and the total number of exchange and brokerage companies participating in the auction was 118 companies.