More than $60 billion in Iraqi currency auction sales in 2024

More than $60 billion in Iraqi currency auction sales in 2024

2025-01-01 00:35

More than 60 billion in Iraqi currency auction sales in 2024Shafaq News/ The Central Bank of Iraq’s sales in the hard currency auction for the US dollar during the past year 2024 amounted to more than 60 billion dollars.

The economic correspondent of Shafaq News Agency documented the data of the currency auction sales of the Central Bank of Iraq during the year 2024, as the statistics showed that the bank sold 60 billion, 154 million, 755 thousand, and 191 dollars in the days when the auction was opened to buy and sell the US dollar.

These sales increased by 47% compared to 2023 sales, which amounted to $40 billion, 925 million, 383 thousand, and 937 dollars.

He added that the average monthly sales for the year 2024 amounted to 5 billion, 12 million, and 383 thousand dollars per month.

These sales were distributed between transfers abroad to finance foreign trade, which amounted to 58 billion, 691 million, 5 thousand, and 191 dollars, and cash sales to banks, which amounted to one billion, 463 million, and 750 thousand.

The selling price of documentary credits and international settlements for electronic cards covered by the bank reached a basic exchange rate of 1310 dinars per dollar, and the same price per dollar for foreign transfers, and a price of 1305 dinars per dollar in cash.

shafaq.com