2024-01-15T11:31:56+00:00
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/ Foreign remittances decreased in the Central Bank of Iraq auction on Monday, reaching $193 million, compared to yesterday, Sunday.
Agency correspondent reported that the Central Bank sold today during its auction for buying and selling the US dollar 206 million, 303 thousand and 771 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 at the same price per dollar in cash.
Our correspondent added that most of the bank’s dollar sales went to boost balances abroad in the form of (transfers, credits) which amounted to 193 million, 283 thousand, and 771 dollars, an increase of 93%, over cash sales amounting to 13 million and 20 thousand dollars.
Our correspondent pointed out that the number of banks that purchased cash dollars was 4 banks, while the number of banks that met requests to enhance balances abroad was 18 banks, while the total number of exchange and brokerage companies participating in the auction was 37 companies.