Central bank witnessing a decline in demand for the dollar

sales of the Iraqi Central Bank of the dollar on Monday, down in the auction on the sale and purchase of foreign currencies, reaching 191 million and 437 thousand dollars, compared with 241 million and 848 thousand dollars recorded in the previous session, and covered the central bank at an exchange rate basis was 1166 dinars per dollar.

The bulletin auction bank that the aggregate demand for the dollar distributed by (23.3 million) in cash, and (137,000, 168) dollars in the form of remittances fully covered by the bank foreign exchange rate was 1179 dinars per dollar, including the central bank’s commission 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.

And regulates the Iraqi Central Bank auction of five meetings weekly 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

almasalah.com