2023-12-27T10:23:31+00:00
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/ External remittances at the Central Bank of Iraq auction increased by 79% on Wednesday, at the expense of cash sales, to reach $164 million.
Agency correspondent stated that the Central Bank sold today, during its auction for buying and selling the US dollar, 200 million and 165 thousand and 854 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 external 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, amounting to 164 million 975 thousand and 854 dollars, an increase of 79% over cash sales amounting to 35 million 190 thousand dollars.
He pointed out that the number of banks that purchased cash dollars reached 9 banks, while the number of banks that responded to requests to enhance balances abroad reached 18 banks, and the total number of exchange and brokerage companies participating in the auction was 162 companies.