Currencies

Iraq’s Central Bank Sells Over $1 Billion in Just 5 Days

Central Bank of Iraq Reports Significant Hard Currency Sales

The Central Bank of Iraq has announced that its total sales of hard currency, specifically the US dollar, have surpassed one billion dollars within the past week, facilitated through a series of currency sale auctions conducted over five days.

In total, the central bank recorded sales amounting to $1,483,683,938 during the previous week, averaging daily sales at approximately $296,736,787. This figure represents an increase compared to the average daily sales of $291,596,090 recorded the prior week.

The peak sales of the dollar occurred on Tuesday, with a total of $300,991,364 in transactions, while the lowest sales volume was noted on Wednesday, totaling $291,927,533.

Additionally, external transfer sales during the past week were reported at $1,393,083,938, while cash sales accounted for $90,600,000.

Date Total Sales (USD)
Tuesday $300,991,364
Wednesday $291,927,533
Total for the Week $1,483,683,938
Average Daily Sales $296,736,787
External Transfers $1,393,083,938
Cash Sales $90,600,000
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