A significant increase in Central Bank sales to reach 257 million dollars!!
The Central Bank of Iraq announced, on Sunday, a large increase in its sales in the currency auction to reach $ 257 million.
The Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today, an increase in its sales to reach 257 million and 242 thousand dollars, covered by the bank at a basic exchange rate of 1190 dinars per dollar, compared to last Wednesday, which amounted to 194 million and 412 thousand dollars.
The request was distributed by 234 million and 822 thousand dollars to enhance the balances abroad in the form of transfers and credits, while the remaining 22 million and 420 thousand dollars were distributed in the form of a cash sale that was fully covered by the bank at an exchange rate of 1190 dinars per one dollar.
While none of the 33 banks in the currency auction made any offers to sell the dollar.
It is mentioned that the central bank conducts daily sessions to buy and sell foreign currencies except for the official holidays that the bank stops from these auctions.