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High central bank sales of the dollar in the auction today 9-2-2013

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High central bank sales of the dollar in the auction today 9-2-2013

Unread postby admin » Mon Sep 02, 2013 8:36 am

High central bank sales of the dollar in the auction today 9-2-2013

Monday, September 02 / September 2013 15:52

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[Baghdad - where]

Central Bank announced on Monday its sales rise of the dollar in the daily public auction to 275 million dollars, after that on Sunday reached 223 million and 143 thousand dollars.

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 auctionof the dollar today reached [275] million and [976] thousand dollars at the exchange rate [1166] dinars to the dollar contribution [22] banks. "

He pointed out that "the quantity sold in cash amounted to [85] million and [850] thousand dollars, and the quantity sold remittances amounted to [190] million and [126] 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 the agency all of Iraq [where] auction sale and purchase of foreign currency has reported that sales of the Iraqi Central Bank of the dollar traded during the last month [August] 4 billion and $ 563 million and $ 751. ended.

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