Sales of the Central Bank of Iraq exceed one billion dollars within a week

by times news cr

2024-01-13T09:55:57+00:00

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/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than one billion dollars.

Agency correspondent stated that the Central Bank sold, during the last week and for the three days in which the auction was opened, one billion and 90 million, 529 thousand, and 470 dollars, at a daily rate of 218 million, 105 million and 894 dollars, higher than what it recorded last week, which amounted to 634 million, 373 thousand, and 298 dollars.

The highest dollar sales were on Thursday, when sales amounted to 229 million, 063 thousand and 145 dollars, while the lowest sales were on Sunday, when sales amounted to 210 million, 253 thousand and 270 dollars.

Our correspondent indicated that foreign remittance sales during the past week amounted to 998 million, 93 thousand, and 470 dollars, an increase of 90% compared to cash sales, which amounted to 101 million, 690 thousand dollars.

Our correspondent explained that the sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of transfers abroad and the cash selling price reached 1,310 dinars per dollar.

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