Four billion dollars in a month.. The Central Bank reveals the volume of its hard currency sales

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Four billion dollars in a month.. The Central Bank reveals the volume of its hard currency sales

The National Bank of Iraq’s deals from the hard cash closeout of the US dollar during the period of June added up to multiple billion bucks on Sunday.

According to a correspondent, the Central Bank sold 4 billion, 438 million, 744 thousand, and 273 dollars in June, during the days it opened its auction for buying and selling US dollars, at a daily rate of 295 million, 916 thousand, and 284 dollars.

He went on to say that foreign remittance sales increased by 90% in the past month, reaching 4 billion, 50 million, 289 thousand, and 273 dollars compared to cash sales of 388 million, 455 thousand dollars.

According to the agency’s correspondent, “these sales were distributed between transfers abroad to finance foreign trade and cash sales to banks,” while “the selling price of documentary credits and international settlements for electronic cards reached 1,310 dinars per dollar” and “the selling price of transfers abroad and the cash selling price reached 1,305 dinars per dollar.”

shafaq.com