More than $600 million in sales from the Central Bank of Iraq within a week

by times news cr

2024-01-06T11:29:49+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, 634 million, 373 thousand and 298 dollars, at a daily rate of 211 million, 457 thousand and 766 dollars, lower than what it recorded last week, which amounted to 1 billion and 22 million and 302 thousand. And $804.

The highest dollar sales were on Sunday, when sales amounted to 221 million, 451,693 dollars, while the lowest sales were on Wednesday, when sales amounted to 205 million, 298,248 dollars.

Our correspondent indicated that foreign remittance sales during the past week amounted to 554 million, 161 thousand and 278 dollars, an increase of 86% compared to cash sales, which amounted to 80 million, 212 thousand and 20 dollars.

Our correspondent explained that the sales went 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 selling price reached 1,310 dinars per dollar.

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