External Transfers Surge in Central Bank Auctions
On Tuesday, the central bank reported that external transfers accounted for over 95% of its total sales during today’s auction.
The central bank conducted an auction where it sold a total of $286 million and 30 thousand, 709 dollars, utilizing a foundational exchange rate of 1,310 dinars per dollar. This rate applied to documentary credits and international settlements for electronic cards. For external transfers, the rate remained at 1,310 dinars per dollar, while cash transactions were slightly lower at 1,305 dinars per dollar.
It was noted that the majority of dollar sales were aimed at bolstering foreign balances through transfers and credits, which collectively amounted to $273 million, 830 thousand, 709 dollars, translating to 95.6% of total sales. In comparison, cash withdrawals totaled $12 million and 200 thousand dollars.
Additionally, the report indicated that only one bank purchased monetary dollars, whereas four banks facilitated requests to enhance foreign balances. In total, 13 exchange companies participated in today’s auction.