More than a billion dollars in sales from the Central Bank of Iraq within a week

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In the past week, the Central Bank of Iraq has sold over one billion US dollars worth of hard currency.

According to a reporter from agency, the Central Bank sold a total of $1,113,427,782 over the course of five days during the past week’s auction. The daily rate of sales was $222,685,556, which is a 0.2% increase from the previous week’s rate of $222,445,585.

During the past week, the highest sales of the dollar were recorded on Sunday with sales amounting to 231 million 347 thousand and 002 dollars, while the lowest sales were on Thursday with sales amounting to 210 million 884 thousand and 357 dollars.

In the past week, sales of foreign remittances amounted to $813,291,189, showing an 85% increase compared to cash sales that totaled $118,300,000.

According to our correspondent, the sales were made through cash and international transfers to support foreign trade. The selling price for electronic card transactions, documentary credits, and international settlements was 1305 dinars per dollar. Meanwhile, the selling price for remittances abroad and cash transactions was 1310 dinars per dollar.