More than a billion dollars in sales from the Central Bank of Iraq during the week

by times news cr

2024-01-20T11:48:15+00:00

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/ The total sales of hard currency in US dollars by the Central Bank of Iraq during the past week amounted to more than one billion US dollars.

Agency correspondent stated that the Central Bank sold during the past week and for the five days in which the auction was opened, one billion, 71 million, 42 thousand, and 258 dollars, at a daily rate of 214 million, 8 million, and 457 dollars, lower than what it recorded last week, which amounted to one billion, 90 million, 529 thousand, and 470 dollars.

The highest dollar sales were on Wednesday, when sales reached 220 million, 561 thousand, and 970 dollars, while the lowest sales were on Monday, when sales reached 206 million, 303 thousand, and 771 dollars.

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Our correspondent indicated that foreign remittance sales during the past week amounted to 989 million, 172 thousand, and 285 dollars, an increase of 92% compared to cash sales, which amounted to 81 million, 870 thousand 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 1305 dinars per dollar, while the selling price of transfers abroad and the cash selling price reached 1310 dinars per dollar.

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