The central bank’s dollar sales are collapsing

The central bank’s dollar sales are collapsing

12/30/2020 11:15:55

The central banks dollar sales are collapsing{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way.
According to the bank’s daily bulletin on the currency auction on Wednesday, the total sale for the purposes of strengthening funds abroad {transfers, credits} 12 million and 754 thousand and 239 dollars, while the cash sale was one million and 300 thousand dollars.
While the total sales were 14 million 54 thousand and 239 dollars.
Yesterday’s foreign currency auction sales were $ 15 million.
The Central Bank sells dollars for the sums transferred to bank accounts abroad at a price of {1460} dinars per dollar, and cash sales at {1460} dinars per dollar, in implementation of its recent decision to raise the exchange rate.

alforatnews.com