Dollar window sales in the first quarter of 2025 were 5% higher than last year.
Dollar window sales in the first quarter of 2025 were 5% higher than last year.
2025-06-01 | 04:11
Data revealed Central Bank of Iraq… about a rise in dollar sales during the first quarter of this year by more than 5% compared to the same period last year (2024), exceeding $20 billion.
According to data provided by the economic researcher Manar Al-Abidi The Central Bank’s foreign exchange sales for the first quarter of 2025 amounted to $20.8 billion, a 5.2% increase compared to the same period in 2024, which amounted to $19.76 billion.
He explained that “cash sales amounted to $814 million, while international settlements (electronic cards) amounted to $2.934 billion, while bank balance reinforcements amounted to $17.05 billion, while direct transfers were worth $0, due to the shutdown of the electronic remittance platform.”
In March, the Central Bank’s foreign currency sales declined to only $5.796 billion, distributed among cash sales of $184 million, international settlements of $777 million, and bank balance reinforcements of $4.835 billion.
The Central Bank’s dollar sales rates during this year are expected to remain at the same level as last year’s sales at $77.65 billion, with a slight increase expected.
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