High central bank sales of the dollar in the auction today’ Aug 25 2013

High central bank sales of the dollar in the auction today

Sunday, August 25 / August 2013 14:12

CBI auction[Baghdad – where]

Central Bank announced on Sunday the high sales of the dollar in the daily public auction to about $ 254 million after Saturday reached 235 million and 745 thousand dollars.

According to a statement of the bank has received all of Iraq [where] a copy of the “size of the amount sold by the bank at the auction of the dollar today reached [254] million and [445] thousand dollars at the exchange rate [1166] dinars to the dollar contribution [20] banks . ”

He pointed out that “the quantity sold in cash amounted to [63] million and [600] thousand dollars and the quantity sold remittances amounted to [190] million and [845] thousand dollars,” adding that “the central bank receive a commission of [13] dinars per dollar, with a discount [8] dinars for each dollar amounts purchased any of the cash purchase price of the dollar = $ sales price for cash – 8]. ”

The statement added that “the price of cash sales and transfers [1179] dinars to the dollar, including the commission of the Central Bank in the amount of 13 dinars per dollar, while the total cash purchase price of $ [1171] dinars to the dollar.”

He explained that “the Iraqi Central Bank continues to buy and sell the dollar and the price of [1166] dinars and receive the same commission mentioned above.” Is over.