CBI auctions +$4 billion in forex during June 2024
2024-07-07T12:13:46+00:00
Shafaq News / On Sunday, the Iraqi Central Bank's (CBI) sales of the US dollar exceeded $4 billion in the currency auction during June.
Our correspondent reported that CBI sold a total of $4,438,744,273 in its auction for buying and selling US dollars in June, averaging $295,916,284 per day.
Foreign exchange sales during the past month amounted to $4,050,289,273, marking a 90% increase compared to cash sales, which amounted to $388,455,000.
These sales were distributed between remittances for external trade financing and cash sales to banks.
The selling price for documentary credits and international settlements for electronic cards stood at 1,310 IQD per dollar, while the selling price for remittance amounts abroad was 1,305 IQD per dollar.
