Iraqi Dinar/Dollar auction 9-30-2013

Iraqi Dinar/Dollar auction 9-30-2013

High central bank sales of the dollar in the auction today

Monday, September 30 / September 2013 13:05

Iraqi Dinar-Dollar auction[Baghdad – where]

Central Bank sales rose Saturday of the dollar in the daily public auction to $ 176 million after being hit on Sunday $ 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 [176] million and [891] 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 [53] million and [810] thousand dollars, and the quantity sold remittances amounted to [123] million and [81] 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.