2023-11-07T10:14:50+00:00
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/ External remittances increased at the Central Bank of Iraq auction today, Tuesday, by 81% at the expense of cash sales, reaching $195 million.
Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 233 million, 689,796 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 remittances.” Foreign Affairs, at a price of 1,310 dinars per dollar in cash.
Our correspondent added, “Most of the bank’s dollar sales went to strengthen balances abroad in the form of (remittances, credits), which amounted to 195 million, 939,796 dollars, an increase of 81%, compared to cash sales of 37 million, 750 thousand dollars.”
Our correspondent 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 19 banks, while the total number of exchange and brokerage companies participating in the auction was 132 companies.