More than $883 million Iraqi currency auction sales in a week

More than $883 million Iraqi currency auction sales in a week

2023-03-11 02:30

More than 883 million Iraqi currency auction sales in a weekShafaq News / The Central Bank of Iraq’s total sales of hard currency to dollars during the past week amounted to more than 883 million dollars.

Shafaq News agency reporter stated that the Central Bank sold during the past week for the five days in which the auction was opened, starting from Sunday to Thursday, the amount of 883 million and 708 thousand and 462 dollars, with a daily average of 176 million and 741 thousand and 692 dollars, compared to 145 million and 461 thousand and 509 dollars, up by 21.5% from the previous week.

Our correspondent added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 223 million, 406 thousand and 794 dollars, while the lowest sales were on Thursday, when sales amounted to 125 million, 823 thousand and 508 dollars.

He pointed out that sales of foreign remittances amounted to 535,808,462 dollars compared to cash sales, which amounted to 347,900,000 dollars, an increase of 35.7%.

Sales went in the form of cash and remittances 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.