Shafaq News

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About a billion dollars in bank sales in a week

The Central Bank of Iraq’s sales of hard currency to the dollar during the past week amounted to nearly one billion dollars.

Shafak News Agency correspondent stated, “The Central Bank sold during the past week for the five days in which the auction was opened, from Sunday to Thursday, 979 million and 276 thousand and 369 dollars, at a daily rate of 195 million and 978 thousand and 073 dollars, an increase of 0.2% from last week.” .

Our correspondent added; “Most of these sales went in the form of remittances abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to the cash sale, amounted to 1460 dinars per dollar.”