Central Bank Transfers Outside Iraq Recorded $245 Million, 20 MARCH

Central Bank Transfers Outside Iraq Recorded $245 Million

 Money  and business  Economy News – Baghdad  Foreign remittance sales rose at the Central Bank of Iraq auction, today, Tuesday, to record $245 million.

Today, during its auction for buying and selling the US dollar, the Central Bank sold 245 million, 622 thousand and 724 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, and at the same price in cash.

Most of the bank's dollar sales went to strengthen balances abroad in the form of (transfers, credits), which amounted to 226 million, 922,724 thousand dollars, an increase of 92%, compared to cash sales of 18 million, 630 thousand dollars.

The number of banks that purchased cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 17 banks, while the total number of exchange and brokerage companies participating in the auction was 135 companies.

Yesterday, Monday, sales of foreign remittances at the Central Bank of Iraq auction recorded $221 million.    Views 89 03/19/2024 - https://economy-news.net/content.php?id=41645