Statistics: auction sales dollar rise in the central bank in the first month of the year 2014

Statistics: auction sales dollar rise in the central bank in the first month of the year 2014

February 1, 2014 09:45

Statistics-auction sales dollar rise in the central bank in the first month of the year 2014[Baghdad – where]

R Tft dollar sales at the central bank auction during the month of January as it was, according to statistics compiled by all of Iraq [where] 3 billion and 423.443 million compared to $ 3 billion, 58 million and 191 000 dollars in December.

But sales last month were still without sales recorded in most of the previous months has been dollar sales in the month of November 3 billion and 803.691 million compared to $ two billion and 191 million and 456 000 dollars in October while sales were during the month of September 5 billion and 275 million and 645 000 In the month of August to $ 4 billion and 563 million and 751 000 dollars.

Thus, the central bank has sold at auction during the last six months the last 22 billion and 316 million and 185 000 dollars without pumping to achieve these massive amounts of dollar rise in the price of the Iraqi dinar in the local markets.

According to central bank data daily, these huge sums sold a stable exchange rate is 1166 dinars per dollar, while sold the dollar in the market at about 1220 dinars to the dollar, which means that buyers if they have sold the currency purchased from the central bank, they get the benefit of 54 dinars per dollar.

The Iraqi central bank held six auction sessions per week for the sale and purchase of foreign currencies, starting from Saturday to Thursday and held over the past month January 19 hearing against the 15 sessions in December and 22 in November and 21 in October and 26 in September

The highest sale amount in a single day during the month of January at an auction on 15 when the sale of 218 million and 168 000 dollars and is one of only two days in which sales exceeded $ 200 million. Ended

alliraqnews.com