2023-11-13T10:23:16+00:00
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/ External remittances increased at the Central Bank of Iraq auction, on Monday, by 91% at the expense of cash sales, to reach 212 million dollars.
Agency correspondent said that today during its auction for buying and selling the US dollar, the Central Bank sold 230 million and 744 thousand and 244 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, which amounted to 212 million 84 thousand and 444 dollars, an increase of 91% over cash sales amounting to 18 million 695 thousand and 800 dollars.
He pointed out that the number of banks that purchased cash dollars reached 4 banks, while the number of banks that responded to requests to enhance balances abroad reached 18 banks, while the total number of exchange and brokerage companies participating in the auction was 50 companies.