Central Bank of Iraq sales amount to about $6 billion in a month

Central Bank of Iraq sales amount to about $6 billion in a month

2024-08-25 05:14

Central Bank of Iraq sales amount to about 6 billion in a monthShafaq News/ The Central Bank of Iraq’s sales from the hard currency auction of the US dollar during last July amounted to more than 5 billion dollars.

Shafaq News Agency correspondent stated that the Central Bank sold during the month of July, during the days in which it opened its auction for buying and selling the US dollar, 5 billion, 746 million, 98 thousand, and 54 dollars, at a daily rate of 273 million, 623 thousand, and 716 dollars.

Our correspondent added that foreign remittance sales during the past month amounted to 5 billion, 428 million, 395 thousand, and 754 dollars, an increase of 94% compared to cash sales, which amounted to 317 million, 23 thousand dollars.

Our correspondent indicated that these sales were distributed between transfers abroad to finance foreign trade, and cash sales to banks, while the selling price of documentary credits and international settlements for electronic cards reached 1310 dinars per dollar, while the selling price of transfers abroad and the cash selling price reached 1305 dinars per dollar.

shafaq.com