Within a week, $896 million was transferred from the Iraqi Central Bank abroad

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Within a week, $896 million was transferred from the Iraqi Central Bank abroad

Last week, the Central Bank of Iraq sold more than $1 billion in hard cash to the US dollar.

According to a correspondent, the Central Bank sold one billion and 52 million and 796 thousand and 86 dollars over the last week, at a daily rate of 210 million and 559 million and 217 dollars, which was lower than the previous week’s total of one billion and 62 million and 587 thousand and 198 dollars.

The biggest dollar sales were on Tuesday, totaling 214 million 597 thousand and 79 dollars, while the lowest were on Monday, totaling 206 million 555 thousand and sixteen dollars.

According to the agency’s correspondent, international remittance sales for the last week were 896 million 586 thousand and 86 dollars, an 83% rise above cash sales of 156 million 210 thousand dollars.

He explained that the sales were made in the form of cash and transfers abroad to finance foreign trade, with the selling price of documentary credits and international settlements for electronic cards reaching 1,305 dinars per dollar and the cash selling price reaching 1,310 dinars per dollar.