Central Iraqi gross sales exceed $4 billion in a month

by times news cr

2024-03-03T11:59:24+00:00

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/ The Central Financial institution of Iraq’s gross sales from the exhausting forex public sale for the US greenback in the course of the month of February amounted to greater than 4 billion {dollars}.

Company correspondent acknowledged that in February, in the course of the days through which it opened its public sale to purchase and promote US {dollars}, the Central Financial institution offered 4 billion, 1,381,176 {dollars} at a each day price of 210 million, 599,000 and 9 {dollars}.

Our correspondent added that gross sales of overseas remittances in the course of the previous month amounted to three billion, 585 million, 442 thousand and 837 {dollars}, a rise of 88%, in comparison with money gross sales, which amounted to 415 million, 938 thousand and 330 {dollars}.

Our correspondent indicated that these gross sales have been distributed between transfers overseas to finance overseas commerce, and money gross sales to banks.

The promoting value of documentary credit and worldwide settlements for digital playing cards reached 1,305 dinars per greenback, whereas the promoting value of switch quantities overseas and the money promoting value reached 1,310 dinars per greenback.

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