2024-01-22T10:42:08+00:00
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/ External remittances increased at the Central Bank of Iraq auction, today, Monday, by 90% at the expense of cash sales, to reach 197 million dollars.
Agency correspondent stated that the Central Bank sold today during its auction for buying and selling the US dollar 218 million 146 thousand and 775 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 external transfers. For sale for cash.
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 197 million 816 thousand and 755 dollars, an increase of 90%, compared to cash sales amounting to 20 million 330 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 20 banks, while the total number of exchange and brokerage companies participating in the auction was 38 companies.