In a week…more than one billion dollars in sales from the Iraqi Central Bank

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In a week…more than one billion dollars in sales from the Iraqi Central Bank

The National Bank of Iraq’s all out deals of hard money to the US dollar during the last week where the sale was opened added up to more than one billion bucks.

The Central Bank sold 1 billion 348 million 235 thousand and 509 dollars last week, at a daily rate of 276 million 847 thousand and 19 dollars, according to a correspondent. This is lower than the previous week, when it recorded 1 billion 354 million 297 thousand and 9 dollars.

The most elevated dollar deals were for Wednesday of last week, when deals added up to 282 million, 624 thousand and 465 bucks, while the least deals were for Sunday of the week, when deals added up to 270 million, 897 thousand and 422 bucks.

According to our correspondent, foreign remittance sales for the past week totaled 1,317,475,000 dollars, representing a 95% increase over cash sales of 66,760,000 dollars.

The selling price of documentary credits and international settlements for electronic cards reached 1,305 dinars, while the selling price of transfers abroad and cash reached 1,310 dinars per dollar, as our correspondent explained, the sales were used to finance foreign trade.