2024-11-03T12:35:20+00:00
Shafaq News/
On Sunday, the Central Bank of Iraq (CBI) reported dollar sales surpassing $282
million in its latest currency auction.
According to
an official statement by the bank, CBI sold a total of $282,064,798 at an
exchange rate of 1,310 IQD per dollar for documentary credits and international
settlements for electronic cards, and at 1,305 IQD per dollar for cash
transactions.
The majority
of sales, totaling $279,414,798, were allocated to foreign account transfers
and credits, representing 99% of the total dollar sales, while cash sales
amounted to $2,650,000.
Only one
bank purchased the cash dollars, while 15 banks fulfilled requests for
international fund transfers, with 4 exchange companies participating in the
auction.
shafaq.com