“Currency Auction” .. Central Bank of Iraq’s sales rise to more than $ 258 million

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"Currency Auction" .. Central Bank of Iraq's sales rise to more than $ 258 million
"Currency Auction" .. Central Bank of Iraq's sales rise to more than $ 258 million

Compared to Monday, Tuesday’s dollar sales from the Central Bank of Iraq climbed to more than $258 million at the currency auction.

Shafaq News Agency correspondent said that the bank sold 258 million, 203 thousand and 662 dollars in its auction today, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.

Most of the dollar sales, he said, went to raise balances abroad in the form of remittances and credits, which totaled $242,703,662, an increase of 94% above cash sales of $15,500,000.

Our reporter said that there were two banks that bought cash dollars, fourteen banks that fulfilled requests to improve balances overseas, and eleven overall exchange companies engaged in the auction.

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