Most of them are external transfers.. the central bank sold about 4 billion dollars during the last month
- 05-03-2022 09:16 AM - Read: 2459
The Central Bank of Iraq's sales of hard currency to the dollar during the month of April amounted to nearly 4 billion dollars.
A financial source stated that the Central Bank sold during the month of April last in the days when it opened its auction to buy and sell US dollars 3 billion and 980 million and 227 thousand dollars, at a rate of 199 million and 11 thousand and 350 dollars per day, higher than last March, in which the sales rate reached 3 Billions of 803 million and 565 thousand dollars. He added that the increase in the bank's total sales came as a result of its dollar sales exceeding $200 million per day for most days of the month.
Most of these sales went in the form of remittances abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to the cash sale, amounted to 1460 dinars per dollar.