Iraqi Dinar/Dollar auction 9-24-2013

Iraqi Dinar/Dollar auction 9-24-2013

High central bank sales in the auction on Tuesday

Tuesday, September 24 / September 2013 14:00

Iraqi dinar/dollar auction[Baghdad – where]

Central Bank sales rose Tuesday from the dollar in the daily public auction to $ 185 million after it was Monday of $ 153 million.

According to a statement of the bank has received all of Iraq [where] a copy of it today that “the size of the amount sold by the bank at the auction of the dollar today reached [185] million and [826] thousand dollars at the exchange rate [1166] dinars to the dollar contribution [21] banks. ”

He pointed out that “the quantity sold in cash amounted to [65] million and [641] thousand dollars, and the quantity sold remittances amounted to [120] million and [185] thousand dollars,” adding that “the central bank receive a commission of [13] dinars per dollar, with discount [8] dinars for each dollar amounts purchased, ie, that the purchase price of the dollar = cash sales price of $ 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 at [1166] dinars and receive the same commission mentioned above.”

The statistics compiled by the agency all of Iraq [where] auction sale and purchase of foreign currency has reported that sales of the Iraqi Central Bank of the dollar traded during the month of August 4 billion and $ 563 million and $ 751. Ended.