Central Bank of Iraq sales exceed $6 billion in a month

The Central Bank of Iraq’s sales from the hard currency auction of the US dollar during October amounted to more than 6 billion dollars.

Shafaq News Agency correspondent stated that the Central Bank sold, during the days in which it opened its auction for buying and selling the US dollar in October, 6 billion, 38 million, 229 thousand, and 179 dollars, at a daily rate of 274 million, 464 thousand, and 962 dollars.

Our correspondent added that foreign remittance sales last month amounted to $5 billion, 672 million, 463 thousand, and 159, an increase of 94% compared to cash sales, which amounted to $365 million, 766 thousand, and 20.

Our correspondent pointed out that these sales were distributed between transfers abroad to finance foreign trade, and cash sales to banks, where the selling price of documentary credits and international settlements for electronic cards reached 1310 dinars per dollar, while the selling price of transfers abroad and the cash selling price reached 1305 dinars per dollar.

Shafaq.com