The Iraqi currency auction is approaching a billion dollars in a week

The Iraqi currency auction is approaching a billion dollars in a week

2022-10-08 08:42

The Iraqi currency auction is approaching a billion dollars in a week Shafaq News/ The Central Bank of Iraq’s sales of hard currency for the dollar during the past week amounted to nearly one billion dollars.

Shafak News Agency correspondent stated that the Central Bank sold 946 million and 866 thousand and 720 dollars during the past week for the four days in which the auction was opened, with an increase of 4.4% over the previous week. .

Our correspondent added that the highest sales of dollars during the past week were on Tuesday, where sales amounted to 263 million and 847 thousand and 470 dollars, while the lowest sales were on Sunday, in which sales amounted to 221 million and 443 thousand and 250 dollars.

He pointed out that 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.

shafaq.com