A sharp drop in central bank sales of dollar!!

A sharp drop in central bank sales of dollar

Published on Tuesday, November 06 2012 12:27

Baghdad/ Obelisk: sales fell CBI dollar sharply, Tuesday, in the auction on the sale and purchase of foreign currencies to 131 765 000 dollars at the exchange rate basis was 1166 dinars to the dollar, compared to 185 200 000 dollars had been recorded in the session Monday.

The bulletin for auction bank that “aggregate demand for the dollar distributed by 32.865 million dollars in cash, and 98.9 million dollars in the form remittances external covered by the bank fully exchange rate was 1179 dinars per dollar commission inclusive central bank amounting to 13 dinars per dollar.”

The bulletin indicated that “the 21 banks participating in the auction today did not make any offers to sell the dollar.”

The central bank held the Iraqi weekly auction of five meetings from Sunday to Thursday for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar.