Within a week…more than one billion dollars in sales from the Central Bank of Iraq

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iraq news

According to a correspondent from Shafaq News Agency, the Central Bank of Iraq sold over one billion US dollars in hard currency over the past week. The auction was open for five days, during which the Bank sold a total of one billion, ten million, four hundred and eighty-four thousand and eighty-four dollars. On a daily basis, this amounted to 202 million, ninety-six thousand, and eight hundred and sixteen dollars, which is a 3% increase from the previous week’s sales of 197 million, six hundred and seventy-seven thousand, and seven hundred and eighteen dollars.
The sales on Monday reached 219 million, 107,561 dollars, while Wednesday’s sales were the lowest at 197 million, 154,228 dollars.
Our correspondent reported that foreign remittance sales for the past week totaled $951,728,800, an 83.91% increase from cash sales of $153,116,000.
Our correspondent has reported that sales were made in the form of both cash and transfers abroad to finance foreign trade. The selling price of documentary credits and international settlements for electronic cards was 1,305 dinars per dollar, while the selling price for transfers abroad and cash was 1,310 dinars per dollar.

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