The Central Bank of Iraq’s foreign currency sales rose Tuesday to 165.88 million dollars, up 20.1 million dollars from yesterday’s sales.
A statement by the Central Bank of Iraq, “The exchange rate amounted to 1190 dinars per dollar, in the auction held with the participation of 39 banks, and eight companies for financial transfer.”
The statement added that “these sales are the results of the auction scheduled for tomorrow,” explaining that “the total sales of this day amounted to about 192.57 million dollars.”
He added that “the volume of funds sold to strengthen the bank balances abroad amounted to about 165.61 million dollars, while estimated cash sales amounts to 270 thousand dollars.”
He explained that “the sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the cash sale will be at the same price.”