The Central Bank of Iraq sells one billion and 400 million dollars within a week

The Central Bank of Iraq sells one billion and 400 million dollars within a week

2024-05-11 05:30

The Central Bank of Iraq sells one billion and 400 million dollars within a weekShafaq News/ The Central Bank of Iraq’s total sales of hard currency for the US dollar amounted to more than one billion dollars during the last week in which the auction was opened.

Shafaq News Agency correspondent stated that the Central Bank sold during the past week and for the 5 days in which the auction was opened, one billion, 395 million, 25 thousand, and 507 dollars, at a daily rate of 279 million, 5 thousand, and 101 dollars, higher than what was recorded by the previous one. Which amounted to one billion, 348 million, 235 thousand, and 509 dollars.

The highest dollar sales were last Monday, when they amounted to 283 million, 620 thousand, and 620 dollars, while the lowest sales were on Wednesday, when sales amounted to 275 million, 539 thousand, and 423 dollars.

Our correspondent indicated that sales of foreign remittances during the past week amounted to 1 billion 313 million 685 thousand 507 dollars, an increase of 94% compared to cash sales that amounted to 81 million 340 thousand dollars.

Our correspondent explained that the 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 reached 1,305 dinars per dollar, while the selling price of transfers abroad and the cash selling price reached 1,310 dinars per dollar.

shafaq.com