Within A Week...More Than One Billion Dollars In Sales From The Central Bank Of Iraq, 6 MAY

 Within A Week...More Than One Billion Dollars In Sales From The Central Bank Of Iraq

Economy | 04/05/2024   Mawazine News – Baghdad  The Central Bank of Iraq's total sales of hard currency for the US dollar amounted to more than one billion dollars during the period in which the auction was opened last week.

During the past week and for the week-day period in which the auction was opened, the Central Bank sold 1 billion 348 million 235 thousand 509 dollars, at a daily rate of 276 million 847 million 19 dollars, lower than what it recorded last week, which amounted to 1 billion 354 million 297 thousand 9 dollars.

The highest dollar sales were on Wednesday, when sales amounted to 282 million, 624 thousand and 465 dollars, while the lowest sales were on Sunday, when sales amounted to 270 million, 897 thousand and 422 dollars.

It is noteworthy that sales of foreign remittances during the past week amounted to 1 billion, 317 million and 475 thousand dollars, an increase of 95% compared to cash sales, which amounted to 66 million and 760 thousand dollars.

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.   https://www.mawazin.net/Details.aspx?jimare=247277