Central Bank of Iraq sales amount to about $6 billion in a month

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Central Bank of Iraq sales amount to about $6 billion in a month

The National Bank of Iraq’s deals from the hard cash sale of the US dollar during last July added up to in excess of 5 billion bucks.

According to a correspondent, the Central Bank sold 5 billion, 746 million, 98 thousand, and 54 dollars during the days it opened its auction for buying and selling US dollars at a daily rate of 273 million, 623 thousand, and 716 dollars.

Our correspondent added that foreign remittance sales increased by 94% in the past month to 5 billion, 428 million, 395 thousand, and 754 dollars from cash sales of 317 million, 23 thousand dollars.

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 cash reached 1305 dinars per dollar, according to our correspondent. These sales were distributed among cash sales to banks and transfers abroad to finance foreign trade.