2024-11-27T11:31:50+00:00
Shafaq News/ The Iraqi Central Bank’s (CBI) sales of the US
dollar surpassed $278 million in the currency auction on Wednesday.
According to an official statement by the Bank, the CBI sold
$278,596,748 during today’s auction.
The Bank covered these transactions at a base exchange rate
of 1,310 IQD per dollar for documentary credits, international settlements of
electronic cards, foreign transfers, and cash transactions.
Most dollar sales were directed towards bolstering balances
abroad in the form of transfers and credits, amounting to $270,446,748,
representing a 97% increase compared to cash sales, which amounted to $8,150,000.
One Bank purchased cash dollars, while 14 fulfilled requests
to bolster balances abroad.
The total number of exchange and brokerage companies
participating in the auction was 13 companies.
shafaq.com