Last week, the Central Bank of Iraq sold over $775 million in hard currency to the US dollar.
According to a correspondent, the Central Bank sold $775,219,316 in the past week over five days during the open auction. The daily rate was $193,804,840, which is lower than the previous week’s rate of $194,293,616.
The highest dollar sales were on Wednesday, when sales amounted to 196 million, 613 thousand, and 962 dollars, while the lowest sales were on Monday, when sales amounted to 192 million, 602 thousand, and 190 dollars.
Sure, I can help you with that. Based on your information, according to your correspondent, sales of foreign remittances during the past week amounted to $720,590,841, a significant increase of 95% compared to cash sales, which amounted to $37,940,000. This indicates a strong preference for foreign remittances among consumers.
According to our correspondent, sales were made in the form of cash and transfers sent overseas to fund foreign trade. The selling price for documentary credits and international settlements for electronic cards was 1,305 dinars per dollar, while the selling price for transfers sent abroad and cash sales was 1,310 dinars per dollar.