Increase In Sales Of The Iraqi Central Bank At The Dollar Auction, 27 MAY

 Increase In Sales Of The Iraqi Central Bank At The Dollar Auction

Time: 05/26/2024 13:58:24 Read: 676 times  {Economic: Al-Furat News} Sales of the Central Bank of Iraq increased today, Sunday, compared to sales last Thursday, which during its auction for buying and selling US dollars amounted to 277 million.

Today, during its auction for buying and selling the US dollar, the Central Bank sold 281 million, 212 thousand and 839 dollars, which the bank covered at a base exchange rate of 1,310 dinars, for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,305 dinars per dollar in cash.

Most of the bank’s dollar sales went to strengthening balances abroad in the form of (transfers, credits) which amounted to 256 million 72 thousand and 839 dollars, an increase of 90% over cash sales amounting to 25 million 140 thousand dollars.  LINK