The Currency Auction.” The Central Bank of Iraq transfers more than $185 million to strengthen foreign funds

Shafaq News / Foreign remittances at the central bank auction rose on Tuesday 89% at the expense of cash sales to $185 million.

The correspondent of the Shafaq News Agency stated that “the Central Bank sold today during its auction to sell and buy the US dollar 205 million and 379 thousand 604 dollars, covered by the bank at a base exchange rate of 1305 dinars, per dollar for documentary credits and international settlements for electronic cards and at the price of 1310 dinars per dollar for foreign remittances and at the price of 1310 dinars per dollar in cash.

Our correspondent added that most of the bank’s dollar sales went to strengthen balances abroad in the form of (reward, credits) of 185 million, 649,604 dollars, 89% higher than the cash sales of $19 million and 730 thousand dollars.

Our correspondent pointed out that the banks that bought the cash dollar amounted to 9 banks, while the number of banks that met requests to strengthen balances abroad reached 18 banks, while the total number of exchange and mediation companies participating in the auction was 139 companies.

https://shafaq.com/ar/اقتصـاد/مزاد-العملة-المركزي-العراقي-يحو-ل-اكثر-من-185-مليون-دولار-لتعزيز-الارصدة-الخارجية