Shafaq News

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44 banks responded to the cash requests and foreign remittances of the Iraqi Bank

44 banks participated in the auction of the Central Bank of Iraq, today, Wednesday, to meet cash requests and foreign remittances, in addition to the participation of 291 mediation companies.

Shafak News Agency reporter stated that the Central Bank of Iraq witnessed, during an auction, today, for the sale and purchase of the US dollar, a decrease in its sales of the dollar by 0.99%, to reach 200 million and 590 thousand US dollars, which was covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to a day Yesterday, Tuesday, which sales amounted to 202 million and 324 thousand and 503 dollars.

Our correspondent indicated that most of the bank’s sales went to enhance balances abroad in the form of remittances and credits, which amounted to 132 million and 750 thousand dollars, while the remaining amount of 68 million and 220 thousand dollars went in cash.

Our correspondent stated that 25 banks have fulfilled requests to enhance balances abroad, and 19 banks have responded to cash requests, in addition to 291 mediation companies.