Iraqi Dinar/Dollar auction 10-14

Iraqi Dinar/Dollar auction 10-14

Lower central bank sales in the auction today

Monday, October 14 1 / Okrudolf 2013 15:18

USD-Iraqi dinar[Baghdad – where]

Sales fell Central Bank of the dollar Monday in the daily public auction to $ 221 million after it reached on Sunday $ 227 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 [221] million and [570] 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 [69] million and [760] thousand dollars, and the quantity sold remittances amounted to [151] million and [810] 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 all of Iraq [where] the auction sale and purchase of foreign currency has reported that sales of the Iraqi Central Bank of the dollar traded during the month of September last 5 billion and 275 million and 645 thousand dollars compared to 4 billion and 563 million and 751 dollars in August last year. Ended .