In a significant development today, the central bank’s external transfers have surged to over 98%, driven by the auction of hard currency.
According to reports, the bank’s auction recorded sales totaling $272,939,389. This figure was supported by a basic exchange rate of 1,310 dinars per dollar for documentary credits and international settlements via electronic cards. External transfers were also priced at 1,310 dinars per dollar, while critical transactions were priced slightly higher at 1,305 dinars per dollar.
The majority of dollar sales—amounting to $268,339,389, or 98.51%—were allocated to enhance foreign balances through transfers and credits. This was contrasted by cash withdrawals which represented only $4,600,000.
Furthermore, the data reveals that only one bank participated in purchasing monetary dollars, whereas four banks facilitated requests to bolster foreign balances. The total number of exchange companies engaged in the auction stood at nine.
Transaction Type | Amount (USD) | Exchange Rate (Dinars/USD) |
---|---|---|
Total Sales | 272,939,389 | 1,310 |
Sales for Foreign Balances | 268,339,389 | 1,310 |
Cash Withdrawals | 4,600,000 | 1,305 |
Number of Participating Banks | 4 | N/A |
Total Exchange Companies | 9 | N/A |
This robust activity underscores the ongoing dynamics within the currency market and the strategic moves by the central bank to enhance foreign currency liquidity. Monitoring these trends will be essential for stakeholders looking to navigate the economic landscape effectively.