Central Bank of Iraq sales exceed $252 million

by times news cr

2024-03-31T12:11:30+00:00

A-
A
A+

/ The Central Bank of Iraq’s sales in the currency auction, on Sunday, amounted to more than 252 million dollars.

Agency correspondent said that today during its auction for buying and selling the US dollar, the Central Bank sold 252 million and 419 thousand and 928 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 239 million 109 thousand and 928 dollars, an increase of 95% over cash sales amounting to 13 million and 310 thousand dollars.

He pointed out that the number of banks that purchased cash dollars reached four banks, while the number of banks that responded to requests to enhance balances abroad reached 17 banks, and the total number of exchange and brokerage companies participating in the auction was 52 companies.

You may also like

Leave a Comment