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The central bank selling of the dollar amount in the auction today three times as decided by the budget
06/17/2015 04:49
Iraqi Central Bank sold at auction for the sale of foreign currencies on the amount of dollar three times higher than decided by the budget law for 2015 to $ 75 million a day. amounted central bank sales in the auction on Wednesday, more than $ 257 million.According to a statement of the bank that "the amount sold the size of by the bank at the auction of the dollar today reached 257 million and 651 thousand and $ 600 at a price of 1166 dinars exchange rate to the dollar and with the participation of 22 banks. " He pointed out that "the quantity sold in cash amounted to 42 million and 375 thousand dollars, and the quantity sold Khawwalat amounted to 215 million and 276 thousand and $ 600 " The statement said that "the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars," adding that "the sale of remittances price of 1187 dinars / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinars / USD, including the commission The central bank of 24 dinars per dollar. " He pointed out that "the number of banking companies and financial transformation that entered the auction in cash sales were 315 company." This increase comes in the sales of Bank of dollars to curb the appreciation of its exchange rate against the Iraqi dinar in local markets and cover its need of foreign currency.
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06/17/2015 04:49
Iraqi Central Bank sold at auction for the sale of foreign currencies on the amount of dollar three times higher than decided by the budget law for 2015 to $ 75 million a day. amounted central bank sales in the auction on Wednesday, more than $ 257 million.According to a statement of the bank that "the amount sold the size of by the bank at the auction of the dollar today reached 257 million and 651 thousand and $ 600 at a price of 1166 dinars exchange rate to the dollar and with the participation of 22 banks. " He pointed out that "the quantity sold in cash amounted to 42 million and 375 thousand dollars, and the quantity sold Khawwalat amounted to 215 million and 276 thousand and $ 600 " The statement said that "the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars," adding that "the sale of remittances price of 1187 dinars / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinars / USD, including the commission The central bank of 24 dinars per dollar. " He pointed out that "the number of banking companies and financial transformation that entered the auction in cash sales were 315 company." This increase comes in the sales of Bank of dollars to curb the appreciation of its exchange rate against the Iraqi dinar in local markets and cover its need of foreign currency.
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