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High demand for the dollar in an auction of the Central
04/02/2012 18:03
Baghdad, "Iraq's gate," Mohammed Sharif
Sales of the dollar in CBI auction at today's meeting Monday, recorded the amount of $ 248 million, compared to 223 million the previous meeting, at an exchange rate based on 1166 dollars for every dollar.
The bulletin issued by the Central Bank received a "gate of Iraq," a copy Menhan total volume of demand on the dollar stood at 248 million and 798 thousand dollars, covered by the central bank at an exchange rate basis was 1166 dinars to the dollar. "
The sales of today's session higher than the average sales routine over the past few years, after they have fallen significantly since early February current, compared with the end of 2011 and the month of January last, and which averaged about 200 million of the session, after the increase in demand than ever, because of sanctions imposed on Iran, Syria, prices fell and the lira exchange Altoman half.
Called the central bank to tighten foreign currency sale to private banks are required to disclose the clients of the applicants purchase, according to the instructions adopted at the first of February 2012, and ratified the instrument on the use of a single customer for the purposes of tariff.
And distributed auction sales on the "cash sales of $ 34 million and 250 thousand dollars at the exchange rate was 1179 dinars per dollar," including "commission the Central Bank amounting to 13 dinars per dollar," while sales orders, "the amount of 214 248 000 dollars at the exchange rate was 1179 dinars per dollar, "including" commission of the Central Bank amounting to 13 dinars per dollar. "
Bulletin indicated that "the banks of the 23 common auction did not make any offers to sell dollars."
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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04/02/2012 18:03
Baghdad, "Iraq's gate," Mohammed Sharif
Sales of the dollar in CBI auction at today's meeting Monday, recorded the amount of $ 248 million, compared to 223 million the previous meeting, at an exchange rate based on 1166 dollars for every dollar.
The bulletin issued by the Central Bank received a "gate of Iraq," a copy Menhan total volume of demand on the dollar stood at 248 million and 798 thousand dollars, covered by the central bank at an exchange rate basis was 1166 dinars to the dollar. "
The sales of today's session higher than the average sales routine over the past few years, after they have fallen significantly since early February current, compared with the end of 2011 and the month of January last, and which averaged about 200 million of the session, after the increase in demand than ever, because of sanctions imposed on Iran, Syria, prices fell and the lira exchange Altoman half.
Called the central bank to tighten foreign currency sale to private banks are required to disclose the clients of the applicants purchase, according to the instructions adopted at the first of February 2012, and ratified the instrument on the use of a single customer for the purposes of tariff.
And distributed auction sales on the "cash sales of $ 34 million and 250 thousand dollars at the exchange rate was 1179 dinars per dollar," including "commission the Central Bank amounting to 13 dinars per dollar," while sales orders, "the amount of 214 248 000 dollars at the exchange rate was 1179 dinars per dollar, "including" commission of the Central Bank amounting to 13 dinars per dollar. "
Bulletin indicated that "the banks of the 23 common auction did not make any offers to sell dollars."
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.]
