More than $600 million in Iraqi currency auction sales in a week

by times news cr

2023-12-23T11:17:10+00:00

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/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than 600 million dollars.

Agency correspondent stated that the Central Bank sold during the last week and for the three days in which the auction was opened, 674 million 21 thousand and 96 dollars, at a daily rate of 224 million 673 million 698 dollars, lower than what it recorded last week, which amounted to 883 million 860 thousand. And $97.

The highest dollar sales were on Sunday, when sales amounted to 221 million, 898 thousand and 486 dollars, while the lowest sales were on Thursday, when sales amounted to 209 million, 994 thousand and 98 dollars.

Foreign remittance sales during the past week amounted to 575 million 301 thousand and 96 dollars, an increase of 88% compared to cash sales, which amounted to 71 million 720 thousand dollars.

The sales were in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of transfers abroad and the cash sale price reached 1,310 dinars per dollar.

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