Foreign remittances increased by 91% in the Iraqi currency auction

by times news cr

2024-01-21T10:33:26+00:00

A-
A
A+

/ External remittances increased at the Central Bank of Iraq auction, today, Thursday, by 91% at the expense of cash sales, to reach 193 million dollars.

Agency correspondent stated that the Central Bank sold today during its auction for buying and selling the US dollar 209 million 634 thousand and 304 dollars, which the bank covered at a base exchange rate of 1305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1310 dinars per dollar for external transfers. And in a critical way.

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 193 million, 4,304 dollars, an increase of 91%, compared to cash sales amounting to 16 million, 630 thousand dollars.

You may also like

Leave a Comment