Eid al-Fitr reduces the sales of the Iraqi currency auction to 500 million dollars
Eid al-Fitr reduces the sales of the Iraqi currency auction to 500 million dollars
2023-04-29 02:48
Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to dollars decreased during the past week, to 500 million dollars, as a result of the coincidence of Sunday and Monday, the Eid al-Fitr holiday.
Shafaq News agency reporter stated that, during the past week, during the three days in which the auction opened, the central bank sold 546 million 632 thousand and 221 dollars, at a daily rate of 182 million 210 thousand and 740 dollars, a decrease of 19.41% from what it recorded in the previous week, in which it reached The sale rate is 226 million and 88 thousand and 522 dollars.
Our correspondent added that the highest dollar sales during the past week were on Wednesday, when sales amounted to 187,888,527 dollars, while the lowest sales were on Tuesday, when sales amounted to 171,508,366 dollars.
He pointed out that sales of foreign remittances amounted to 492,32,222 dollars during the past week, an increase of 88.9% compared to cash sales, which amounted to 54,600,000 dollars.
He explained that sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.
shafaq.com
