Higher sales of central bank dollar

Higher sales of central bank dollar

05/25/2013 (00:01 pm)

Central Bank of Iraq- Iraqi dinarBaghdad / Range

Increased central bank sales of the dollar in the auction sale and purchase of foreign currency yesterday to 282 million and 701 thousand dollars, after it reached yesterday, 252 million and 266 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
The central bank governor said Abdul Basit Turki in a press statement that “the demand for the dollar distributed by 20 million and 200 thousand dollars, while the value of the amounts sold form of remittances 262 million and 501 thousand dollars, and select the price to 1179 dinars per dollar, and the purchase price cash for $ 1171 dinars. ” And participated in the auction currency today 26 waged, banks, and excluded $ 45 million and 948 thousand dollars from banks participated in the auction, for the purposes of auditing and other services related to combating money laundering, as well as various other reasons. The Iraqi central bank held six sessions per week auction for the sale and purchase of foreign currency, starting from Saturday to Thursday. The bank charges a commission of 13 dinars per dollar, with a discount of 8 dinars per dollar on the amounts purchased, ie, that the purchase price of the dollar cash equal to the cash sales price of the dollar minus 8 dinars.

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