The lowest in years .. Decline in central bank sales

The lowest in years .. Decline in central bank sales

12/31/2020 10:41:03

The lowest in years .. Decline in central bank sales{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way and to the lowest level in years.
According to the bank’s daily bulletin on the currency auction on Thursday, the total sale for purposes of strengthening funds abroad {transfers, credits} 11 million and 327 thousand and 660 dollars, while the cash sale was only 100 thousand dollars.
While the total sales were 11 million 427 thousand and 660 dollars.
Yesterday’s foreign currency auction sales were $ 12 million.
The Central Bank sells dollars for the sums transferred to bank accounts abroad at a price of {1460} dinars per dollar, and cash sales at {1460} dinars per dollar, in implementation of its recent decision to raise the exchange rate.

alforatnews.com