CBI sells more than $299 million in a weekend session

monBAGHDAD / obelisk: Central Bank of Iraq, Thursday, for the sale of more than $ 299 million at today’s auction, the exchange rate was 1166 Iraqi dinars for one dollar, and with the participation of 24 local banks.

The bulletin issued by the bank and got “obelisk” a copy of which, that “the Iraqi Central Bank held its daily auction on the sale of foreign currency from the dollar with 24 local banks,” noting that “have been sold (299,740,000) dollars at the exchange rate (1166) Iraqi dinars against one dollar. “

The bulletin added that “the amount of currency sold in cash reached during the auction (14,325,000) dollars, while the amount amounts Khawwalat outside Iraq for a total of (415,000, 285) dollars.”

The statement pointed out that “the total sales of the Iraqi Central Bank sat on Wednesday amounted to more than (317) million dollars.”

Referred to the Central Bank of Iraq receive a commission of (13) Iraqi dinars per dollar with a discount (8) JD / dollar amounts purchased, ie, that the cash purchase price of the dollar equals cash sales price minus eight Iraqi dinars.