More than $ 313 million central bank sales in the auction today

More than $ 313 million central bank sales in the auction today

6.25.2015 twelve five

More than 313 million central bank sales in the auction today[Baghdad-where]
the Iraqi Central Bank sales recorded in the auction for the sale of foreign currencies on Thursday, a slight decrease in sales, reaching $ 313 million, contrary to the law of the financial budget for 2015, which defined sales at the auction, including no more than $ 75 million, or about four times the quantity specified for the bank.
The bank had sold yesterday $ 314 million. The central bank is trying to cope with the surge in the dollar over the past days, reaching more than 1,400 dinars to the dollar while the official rate of 1166 dinars but these prices dropped again to 1230 dinars to the dollar. According to a statement Bank, received by the agency all of Iraq [where] a copy of “The size of the amount sold today by the bank at the auction of dollar on 313 million and 613 thousand and $ 12 total, priced at 1166 dinars exchange rate to the dollar, and with the participation of 28 banks and two financial transformation.” He noted that “the amount of remittances, credit volume amounted to 280 million and 263 thousand and $ 12, while the quantity sold in cash 33 million and 350 thousand dollars.” The statement said that “the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars,” noting that “the selling price of remittances in 1187 dinar / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar. ” The Governor of the Central Bank and the Agency on the Keywords, suggested during hosted last Sunday in the parliamentary finance committee, the abolition of the private bank’s auction sale of foreign currencies including the US dollar to save the exchange rate against the dinar, and prevent the increase of the dollar exchange rate, and the liberalization of price without any limitation and sell it to anyone who wants to buy it, because there is a reserve in the bank responds to any request with the sales restriction instructions and controls but this is what the Bank can not be done “.anthy

alliraqnews.com