Iraq Transfers $254 Million Abroad Within One Day
Economy | 06/24/2024 Baghdad - Mawazine News Foreign remittance sales at the Central Bank of Iraq auction, today, Monday, increased by 92% over cash sales, reaching more than 254 million dollars.
Today, during its auction for buying and selling the US dollar, the Central Bank sold 274 million, 246 thousand and 415 dollars, covering it at a base exchange rate of 1,310 dinars per dollar 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 dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 254 million 66 thousand and 415 dollars, an increase of 92% over cash sales amounting to 20 million 180 thousand dollars.
The number of banks that purchased cash dollars reached 3 banks, while the number of banks that responded to requests to enhance balances abroad reached 16 banks, and the total number of exchange and brokerage companies participating in the auction was 40 companies.
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