Iraqi Dinar/Dollar auction 10-24

Iraqi Dinar/Dollar auction 10-24

High central bank sales of the dollar in the auction today

15:26 10/24/2013

Iraqi Dinar-Dollar auctionsBaghdad – and babysit – increased central bank sales of the dollar in the auction Thursday for more than $ 166 million after it was Wednesday’s $ 163 million.
According to a statement of the bank received a copy of public opinion that “the size of the amount sold by the bank at the auction of the dollar today reached (166) million and (881) thousand dollars at the exchange rate (1166) dinars to the dollar contribution (13) banks.”

He pointed out that “the quantity sold in cash amounted to (47) million and (925) thousand dollars, and the quantity sold remittances amounted to (118) million and (956) 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 U.S. $ (1171) dinars to the dollar.”

He explained that “the Iraqi Central Bank continues to buy the dollar and sell at a price (1166) dinars and receive the same commission mentioned above” … p / i

alrayy.com