2024-04-01T11:00:22+00:00
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/ External remittances at the Central Bank of Iraq auction increased by 98% on Monday, at the expense of cash sales, to reach 247 million dollars.
Agency correspondent stated that the bank sold today during its auction for buying and selling the US dollar 252 million 253 thousand and 849 dollars, which it covered at a base exchange rate of 1305 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1310 dinars per dollar for external transfers, and at a price of 1310 dinars. For every 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 247 million 833 thousand and 849 dollars, an increase of 98% over cash sales amounting to four million and 420 thousand dollars.
He pointed out that the number of banks that purchased cash dollars reached two banks, while the number of banks that responded to requests to enhance balances abroad reached 16 banks, and the total number of exchange and brokerage companies participating in the auction was 37 companies.