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The central bank’s sales of dollars are falling to the lowest level

The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way and to the lowest level in years.

According to the bank’s daily bulletin on the currency auction on Monday, the total sale for purposes of strengthening funds abroad {transfers, credits} 8 million and 135 thousand dollars, which is the total sales, and the bank did not sell any dollars in cash.

The Central Bank sells dollars for the sums transferred to bank accounts abroad at a price of {1460} dinars per dollar, and cash sales at {1460} dinars per dollar, in implementation of its recent decision to raise the exchange rate. Source