Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar, during the past week, exceeded the barrier of 1.1 billion dollars, most of which went in the form of transfers outside the country.

Shafaq News Agency correspondent stated that the Central Bank sold during the past week and for the five days in which the auction was opened, one billion and 103 million and 965 thousand and 362 dollars, at a daily rate of 220 million and 793 thousand and 72 dollars, higher than what it recorded last week, which amounted to one billion and 62 million. And 447 thousand and 841 dollars.

The highest dollar sales were last Thursday, when sales amounted to 235 million, 414 thousand and 990 dollars, while the lowest sales were on Sunday, when they amounted to 209 million, 426 thousand and 584 dollars.

The agency’s correspondent pointed out that “foreign remittance sales during the past week amounted to one billion, 24 million, 806,419 dollars, an increase of 92% compared to cash sales, which amounted to 79 million, 158 thousand and 943 dollars.”

He explained that 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.

shafaq.com