AIN

  In AIN 

Significant increase in the central bank’s sales of hard currency

The Central Bank of Iraq’s hard currency sales, on Wednesday, increased significantly, to exceed $ 54 million.

The central bank auction for the sale and purchase of foreign currencies, according to the daily bulletin issued by the bank, increased sales by 8.19%, to reach 54 million 668 thousand and 275 dollars, which the bank covered at a base exchange rate of 1460 dinars per dollar.

The purchases amounting to 54 million, 468 thousand and 275 dollars went to strengthen the assets abroad, in the form of transfers and appropriations, while the rest of 200 thousand dollars went in cash.

Twelve banks responded to requests to enhance assets abroad, while two banks met the requests in cash, and two companies participated to mediate in the bank’s auction.

It is noteworthy that the central bank’s sales of hard currency, for Tuesday, had reached 50 million and 345 thousand dollars.