Economy News – Baghdad
The Central Bank of Iraq’s dollar sales rose on Monday to more than $260 million in the auction of currency sales compared to yesterday, Sunday.
The bank sold in its auction today 260 million, 547 thousand and 910 dollars, covered by a base exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1310 dinars per dollar for external transfers, and at a price of 1305 dinars per dollar in cash.
Most of the dollar’s sales went to boost balances abroad in the form of remittances and credits, which amounted to $253 million and $147,910, up 97% from cash sales of $7,400,000.
The number of banks that bought the dollar in cash reached one bank, while the number of banks that met the requests to strengthen balances abroad reached 12 banks, and the total number of exchange companies participating in the auction was 17 companies.
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Added 2024/10/07 – 2:41 PM
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