More than $700 million Iraqi Central Auction sales in a week

More than $700 million Iraqi Central Auction sales in a week

2023-02-18 01:10

More than 700 million Iraqi Central Auction sales in a weekShafaq News/ The Central Bank of Iraq’s “total” sales of hard currency for dollars during the currency auction last week amounted to more than 700 million dollars.

Shafaq News agency reporter stated that the Central Bank sold during the past week, during the four days in which the auction was opened, starting from Sunday to Wednesday, the amount of 728 million 785 thousand and 580 dollars, at a daily rate of 182 million 196 thousand and 395 dollars, up by 115.89% from the previous week. .

Our correspondent added that the highest dollar sales during the past week were on Sunday, when sales amounted to 305 million and 406 thousand and 95 dollars, while the lowest sales were on Tuesday, when sales amounted to 94 million and 950 thousand and 560 dollars.

He pointed out 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 amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.

Dollar sales transferred to bank accounts abroad, in addition to cash sales, amounted to 1460 dinars per dollar, during three days of the week, and decreased to 1310 starting on Wednesday.