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Low central bank sales in the auction today to $ 79 million
February 17, 2015 12:38
[Baghdad-where]
Central bank sales declined in the auction for the sale of foreign currencies on Tuesday to $ 79 million after it was on Monday 87 million and 650 thousand dollars.
According to a statement of the bank received by all of Iraq [where] a copy of the "amount sold by the bank the size of today's auction at the price of the dollar stood at 79 million and 650 thousand dollars at 1166 dinars to the dollar exchange rate and the one with the participation of 23 banks."
He pointed out that "the quantity sold in cash amounted to seven million and 150 thousand dollars, and the quantity sold Khawwalat amounted to 72 million 500 thousand dollars."
The statement said that "the Iraqi Central Bank to continue buying and selling dollars at 1,166 dinars," adding that "the sale of remittances price 1187 JD / dollar, including the commission of the Central Bank of 21 dinars per dollar, with total cash sales price of $ 1190 JD / dollar, including the commission Bank Central of 24 dinars per dollar. "
The central bank has sold in the past month, more than $ 2.8 billion.
It is expected that the dollar sales decline in the auction for this year, according to the law of the state budget, which began in Parliament on 29 January last, which was ratified by the Presidency on 10 February this to be put into effect after its publication in the Gazette facts after day.
The law stipulates that the central bank is committed to identifying sales of hard currency [dollar] in the daily auction ceiling does not exceed $ 75 million a day with the exercise of justice in the sales process, and calls for participating in the auction the bank providing the introduction of cargo documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of buy it for the amount and otherwise apply to the bank penalties stipulated in the Central Bank Act or regulations issued it, and use other banking tools to maintain the strength of the dinar against the Atar.anthy
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February 17, 2015 12:38
[Baghdad-where]
Central bank sales declined in the auction for the sale of foreign currencies on Tuesday to $ 79 million after it was on Monday 87 million and 650 thousand dollars.
According to a statement of the bank received by all of Iraq [where] a copy of the "amount sold by the bank the size of today's auction at the price of the dollar stood at 79 million and 650 thousand dollars at 1166 dinars to the dollar exchange rate and the one with the participation of 23 banks."
He pointed out that "the quantity sold in cash amounted to seven million and 150 thousand dollars, and the quantity sold Khawwalat amounted to 72 million 500 thousand dollars."
The statement said that "the Iraqi Central Bank to continue buying and selling dollars at 1,166 dinars," adding that "the sale of remittances price 1187 JD / dollar, including the commission of the Central Bank of 21 dinars per dollar, with total cash sales price of $ 1190 JD / dollar, including the commission Bank Central of 24 dinars per dollar. "
The central bank has sold in the past month, more than $ 2.8 billion.
It is expected that the dollar sales decline in the auction for this year, according to the law of the state budget, which began in Parliament on 29 January last, which was ratified by the Presidency on 10 February this to be put into effect after its publication in the Gazette facts after day.
The law stipulates that the central bank is committed to identifying sales of hard currency [dollar] in the daily auction ceiling does not exceed $ 75 million a day with the exercise of justice in the sales process, and calls for participating in the auction the bank providing the introduction of cargo documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of buy it for the amount and otherwise apply to the bank penalties stipulated in the Central Bank Act or regulations issued it, and use other banking tools to maintain the strength of the dinar against the Atar.anthy
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