Central Financial institution of Iraq gross sales exceed $200 million

by times news cr

2024-02-28T10:41:05+00:00

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/ The Central Financial institution of Iraq’s gross sales within the forex public sale, as we speak, Wednesday, amounted to greater than 207 million {dollars}.

Company correspondent acknowledged, “The Central Financial institution bought as we speak throughout its public sale for getting and promoting the US greenback 207 million, 455 thousand and 635 {dollars}, which the financial institution coated at a primary change price of 1305 dinars per greenback for documentary credit and worldwide settlements for digital playing cards and at a price of 1310 dinars per greenback for overseas transfers and at a price of 1310 dinars per greenback in money.

Our correspondent added that a lot of the financial institution’s greenback gross sales went to spice up balances overseas within the type of (transfers, credit) which amounted to 186 million 835 thousand 635 {dollars}, a rise of 89%, in comparison with money gross sales amounting to twenty million 620 thousand {dollars}.

Our correspondent identified that the variety of banks that bought money {dollars} was 7 banks, whereas the variety of banks that met requests to boost balances overseas was 15 banks, whereas the whole variety of change and brokerage firms taking part within the public sale was 105 firms.

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