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Home Dinar Guru Updates Iraq

Central Bank of Iraq sales exceeded one billion dollars last week

November 11, 2023
in Iraq
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The Central Bank of Iraq’s total sales of hard currency at its auction during the past week amounted to more than one billion US dollars.

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 146 million and 308 thousand and 909 dollars, at a daily rate of 229 million and 261 thousand and 781 dollars, higher than what it recorded last week, which amounted to 997 million and 84. One thousand and 686 dollars.

The highest dollar sales were on Thursday, when sales amounted to 214 million, 019 thousand and 721 dollars, while the lowest sales were on Tuesday, when sales amounted to 195 million, 939 thousand and 796 dollars.

Our correspondent indicated that foreign remittance sales during the past week amounted to one billion, 007 million, 460 thousand and 909 dollars, an increase of 86% compared to cash sales, which amounted to 138 million, 840 thousand 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

Tags: bankbillioncentraldollarsexceedediraqlastone”salesweek…
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