The Central Bank of Iraq sold over $996 million worth of hard currency to the US dollar last week.
According to the correspondent, the Central Bank sold a total of $996,975,034 during the past week, with a daily rate of $11,379,029, higher than the previous week’s rate of $985,596,005.
On Wednesday, the sales reached an all-time high of $213,828,961, while on Thursday, they dipped to the lowest point at $191,422,686.
According to our correspondent, foreign remittance sales in the past week totaled $830,265,034. This figure represents an 80% increase in cash sales, which amounted to $166,710,000.
According to our correspondent, the sales were conducted in the form of cash and transfers to finance foreign trade. The selling price for documentary credits and international settlements made through electronic cards was 1,305 dinars per dollar. Meanwhile, the selling price for transfers made abroad and cash was 1,310 dinars per dollar.