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Central sells $ 200 million in the first sessions this week, the price of 1166 dinars per dollar.
• 22/01/2012 15:09
• Economy
• no comments
Baghdad, "Iraq's gate," Mohammed Sharif
Central Bank of Iraq to sell $ 200 million in the first course of the auction this week at a rate of 1166 dinars per dollar.
A statement issued by the Information Office of the Central Bank on Sunday received the "gate of Iraq," a copy of it, he was the opening of bids for the sale and purchase of dollar per day per Sixty-two thousand for buying and selling foreign currency in the Central Bank of Iraq for Sunday day on 22/1/2012 with 24 a bank.
He pointed out that the basic price, which landed him selling 1166 dinars per dollar, and the amount sold by the bank at the price stated (200) million and the total purchase offers (200 dollars).
The Iraqi Central Bank announced earlier, for raising the price of the Iraqi dinar against the dollar by 3.4%, the price of 1166 dinars during the auction, hosted by the day, after it was sold and the purchase price of 1170 dinars to the dollar. Stressing that the decision would affect the exchange rate of the dinar against the dollar in the Iraqi market.
The statement pointed out that the price of the sale of remittances (1179) KD / USD including the commission of the Central Bank of $ (13) dinars per dollar, the price of cash sales (1179) KD / USD including the commission of the Central Bank of $ (13) dinars per dollar.
The quantity sold in the amount of cash (28.250.000) dollars and quantity sold in the amount of remittances (171.570.000) dollars.
And receive a commission of the Central Bank (13) dinars per Dolarma discount (
JD / dollar amounts purchased any that: - the purchase price of U.S. dollars in cash = (sale price of the dollar cash - .
The statement emphasized that the Central Bank of Iraq to continue buying and selling of the dollar and the price of (1166) and receive the same commissions mentioned above.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement, "The Bank worked to raise the prices of the Iraqi dinar against the dollar during the sessions for the sale and purchase of foreign exchange by four dinars," noting that "the price of the dinar nominal is not commensurate with the purchasing power to him, or the real price for the price exchange of the dinar against the dollar. "
Saleh added that "current account payments to Iraq, where a large surplus relative to GDP, and by 5-8%," stressing that "the surplus is a sign of strength and not the contrary, in addition to the existence of large reserves of the Bank. Saleh pointed out that the dollar exchange rate in the Iraqi markets that recently experienced a slight increase (1200 dinars to the dollar), will be affected by the decision of the Central Bank of Iraq, "adding that" the Iraqi dinar will be attractive in the Iraqi market. "
The Iraqi central bank held five sessions weekly auction from Sunday to Thursday for the sale and purchase of foreign currency.
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• 22/01/2012 15:09
• Economy
• no comments
Baghdad, "Iraq's gate," Mohammed Sharif
Central Bank of Iraq to sell $ 200 million in the first course of the auction this week at a rate of 1166 dinars per dollar.
A statement issued by the Information Office of the Central Bank on Sunday received the "gate of Iraq," a copy of it, he was the opening of bids for the sale and purchase of dollar per day per Sixty-two thousand for buying and selling foreign currency in the Central Bank of Iraq for Sunday day on 22/1/2012 with 24 a bank.
He pointed out that the basic price, which landed him selling 1166 dinars per dollar, and the amount sold by the bank at the price stated (200) million and the total purchase offers (200 dollars).
The Iraqi Central Bank announced earlier, for raising the price of the Iraqi dinar against the dollar by 3.4%, the price of 1166 dinars during the auction, hosted by the day, after it was sold and the purchase price of 1170 dinars to the dollar. Stressing that the decision would affect the exchange rate of the dinar against the dollar in the Iraqi market.
The statement pointed out that the price of the sale of remittances (1179) KD / USD including the commission of the Central Bank of $ (13) dinars per dollar, the price of cash sales (1179) KD / USD including the commission of the Central Bank of $ (13) dinars per dollar.
The quantity sold in the amount of cash (28.250.000) dollars and quantity sold in the amount of remittances (171.570.000) dollars.
And receive a commission of the Central Bank (13) dinars per Dolarma discount (
JD / dollar amounts purchased any that: - the purchase price of U.S. dollars in cash = (sale price of the dollar cash - . The statement emphasized that the Central Bank of Iraq to continue buying and selling of the dollar and the price of (1166) and receive the same commissions mentioned above.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement, "The Bank worked to raise the prices of the Iraqi dinar against the dollar during the sessions for the sale and purchase of foreign exchange by four dinars," noting that "the price of the dinar nominal is not commensurate with the purchasing power to him, or the real price for the price exchange of the dinar against the dollar. "
Saleh added that "current account payments to Iraq, where a large surplus relative to GDP, and by 5-8%," stressing that "the surplus is a sign of strength and not the contrary, in addition to the existence of large reserves of the Bank. Saleh pointed out that the dollar exchange rate in the Iraqi markets that recently experienced a slight increase (1200 dinars to the dollar), will be affected by the decision of the Central Bank of Iraq, "adding that" the Iraqi dinar will be attractive in the Iraqi market. "
The Iraqi central bank held five sessions weekly auction from Sunday to Thursday for the sale and purchase of foreign currency.
[You must be registered and logged in to see this link.]
