Over $1 billion worth of hard cash in US dollars were sold by the Central Bank of Iraq over the days leading up to last week’s auction.
According to the correspondent, the Central Bank sold one billion, 309 million, 74 thousand, and 838 dollars during the previous week and for the five days that the auction was held. This is more than the previous week’s sales of one billion, 36 million, 172 thousand, and 839 dollars, which came to a daily rate of 261 million, 814 thousand, and 876 dollars.
Tuesday saw the largest dollar sales, totaling 265 million, 549 thousand, and 741 dollars; Sunday saw the lowest sales, totaling 257 million, 883 thousand, and 86 dollars.
In comparison to cash sales, which came to 54 million, 616 thousand, and 20 dollars, our reporter said that international remittance sales during the previous week totaled 1 billion, 254 million, 458 thousand, and 363 dollars, a 96% increase.
