Excessive overseas remittances on the Central Financial institution of Iraq public sale

by times news cr

2024-03-11T11:35:21+00:00

A-
A
A+

/ Exterior remittances elevated within the foreign money public sale of the Central Financial institution of Iraq by 91%, on Monday, on the expense of money gross sales.

Company correspondent acknowledged that the Central Financial institution offered as we speak throughout its public sale for getting and promoting the US greenback 213 million and 419 thousand and 68 {dollars}, which it coated at a base trade charge of 1,305 dinars per greenback for documentary credit and worldwide settlements for digital playing cards, and at a worth of 1,310 dinars per greenback for exterior transfers, on the identical worth. Critically.

Our correspondent added that a lot of the financial institution’s greenback gross sales went to strengthen balances overseas within the type of transfers and credit, which amounted to 195 million 840 thousand and 125 {dollars}, a rise of 91% over money gross sales amounting to 17 million 578 thousand {dollars}.

You may also like

Leave a Comment