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More than $ 246 million central bank sales today
07/01/2015
[Baghdad-where]
the Iraqi Central Bank sales recorded, in the auction for the sale of foreign currency, rose slightly on Wednesday sold $ 246 million after it was reported yesterday $ 245 million a difference of one million dollars.
And achieved the Central Bank in a recent increase in sales of foreign currency, a marked decline in the dollar against the Iraqi dinar after he witnessed in the past few weeks height is the highest years since his arrival to 1420 dinars to the dollar [142 000 dinars per hundred dollars] while currently ranges between 1230 dinars to the dollar [123 000 dinars per hundred dollars] With an official rate of the Bank in 1166 dinars. According to a statement of the bank, the agency received all of Iraq [where] a copy of "The size of the amount sold today by the bank at the auction of the dollar today reached 246 million and 413 thousand and $ 346, priced at 1166 dinars exchange rate to the dollar, and with the participation of 25 banks and seven companies for the fiscal conversion. " He pointed out that "the amount of remittances and credits volume reached 197 million and 538 thousand and $ 346, while the quantity sold in cash 48 million and 875 thousand dollars." He explained The statement that "the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars," adding that "the sale price of remittances in 1187 dinar / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank and of 24 dinars per dollar. " It was the sales are still weakening higher than set by the budget law for 2015 to sell $ 75 million only, but the central bank opposed this selection being restricted from "financial movement and secure financial liquidity in the markets." It is said that, Governor Central Bank and the Agency on the Keywords, suggested during hosted a few days ago in the parliamentary finance committee, the abolition of the private bank's auction sale of foreign currencies including the US dollar to save the exchange rate against the dinar, and prevent the increase of the dollar exchange rate, and the liberalization of price without any limitation and sell it to anyone who wants to buy it, because there is a reserve in the bank responds to any request with the restriction of sales instructions and controls but this is what the Bank can not be done. " For his part, Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh, Saturday that "the central bank faces a demand for the currency under pressure." With regard to the Bank procedures to reduce the high price of the dollar, Saleh explained to [where], "There are some actions by the Bank, imposed on him, and the other is taken such as imposing 8% against the transport of goods when the conversion, and this is borne by the exchange rate and gave the wrong signal to him" .anthy
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07/01/2015
[Baghdad-where]
the Iraqi Central Bank sales recorded, in the auction for the sale of foreign currency, rose slightly on Wednesday sold $ 246 million after it was reported yesterday $ 245 million a difference of one million dollars.
And achieved the Central Bank in a recent increase in sales of foreign currency, a marked decline in the dollar against the Iraqi dinar after he witnessed in the past few weeks height is the highest years since his arrival to 1420 dinars to the dollar [142 000 dinars per hundred dollars] while currently ranges between 1230 dinars to the dollar [123 000 dinars per hundred dollars] With an official rate of the Bank in 1166 dinars. According to a statement of the bank, the agency received all of Iraq [where] a copy of "The size of the amount sold today by the bank at the auction of the dollar today reached 246 million and 413 thousand and $ 346, priced at 1166 dinars exchange rate to the dollar, and with the participation of 25 banks and seven companies for the fiscal conversion. " He pointed out that "the amount of remittances and credits volume reached 197 million and 538 thousand and $ 346, while the quantity sold in cash 48 million and 875 thousand dollars." He explained The statement that "the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars," adding that "the sale price of remittances in 1187 dinar / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank and of 24 dinars per dollar. " It was the sales are still weakening higher than set by the budget law for 2015 to sell $ 75 million only, but the central bank opposed this selection being restricted from "financial movement and secure financial liquidity in the markets." It is said that, Governor Central Bank and the Agency on the Keywords, suggested during hosted a few days ago in the parliamentary finance committee, the abolition of the private bank's auction sale of foreign currencies including the US dollar to save the exchange rate against the dinar, and prevent the increase of the dollar exchange rate, and the liberalization of price without any limitation and sell it to anyone who wants to buy it, because there is a reserve in the bank responds to any request with the restriction of sales instructions and controls but this is what the Bank can not be done. " For his part, Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh, Saturday that "the central bank faces a demand for the currency under pressure." With regard to the Bank procedures to reduce the high price of the dollar, Saleh explained to [where], "There are some actions by the Bank, imposed on him, and the other is taken such as imposing 8% against the transport of goods when the conversion, and this is borne by the exchange rate and gave the wrong signal to him" .anthy
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