Ayn Al Iraq News

  In AYN AL IRAQ NEWS

The central bank announces direct selling of the dollar through its daily auction

The Central Bank of Iraq, on Sunday, began selling the dollar through its daily auction, after stopping the result of the embargo and since March 17.

The bank’s sales today amounted to 245 million and 669 thousand and 143 dollars, covered by the bank at a base exchange rate of 1190 dinars per dollar.

The bank’s sales were all to enhance the balances abroad in the form of transfers and credits that were fully covered by the bank at an exchange rate of 1190 dinars per one dollar., While there was no cash sale to banks.

While none of the 27 banks participating in the currency auction made any offers to sell the dollar. Source