2024-01-07T10:33:29+00:00
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/ External remittances increased at the Central Bank of Iraq auction, today, Sunday, by 89% at the expense of cash sales, to reach 188 million dollars.
Agency correspondent stated that the Central Bank sold today during its auction for buying and selling the US dollar 210 million 253 thousand 270 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 foreign transfers and for sale. Critically.
Our correspondent added that most of the bank’s dollar sales went to strengthening balances abroad in the form of (remittances, credits) which amounted to 188 million 893 thousand and 270 dollars, an increase of 89% over cash sales amounting to 21 million 360 thousand dollars.
Our correspondent pointed out that the number of banks that purchased cash dollars reached 5 banks, while the number of banks that responded to requests to enhance balances abroad reached 16 banks, while the total number of exchange and brokerage companies participating in the auction was 69 companies.