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Home Dinar Guru Updates IQD

More than $40 billion in Iraqi currency auction sales in 2023

January 1, 2024
in IQD
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Shafaq News/ The Central Bank of Iraq’s sales in the hard currency auction for the US dollar during the past year 2023 amounted to more than 40 billion dollars.

Shafaq News Agency correspondent stated that during the 12 months of last year 2023, during the days in which it opened its auction to buy and sell the US dollar, the Central Bank sold 40 billion and 925 million and 383 thousand and 937 dollars, at a rate of 3 billion and 410 million and 486 thousand dollars per month.

Our correspondent added; The largest sales were in the month of May, amounting to 5 billion 320 million 132 thousand dollars, while the lowest sales were in the month of January, amounting to 2 billion 26 million 926 thousand dollars.

These sales were distributed between transfers abroad to finance foreign trade, and cash sales to banks.

The selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of transfer amounts abroad and the cash selling price reached 1,310 dinars per dollar.

shafaq.com

Tags: 202340%auctionbillioncurrencyiqdiraqimoresalesthan
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