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Lower central bank sales of the dollar in the auction today 9-3-2013

Unread postPosted: Tue Sep 03, 2013 8:37 am
by admin
Lower central bank sales of the dollar in the auction today 9-3-2013

Tuesday, 03 September / September 2013 15:52

[Baghdad - where]

Central Bank announced on Tuesday reduced sales of the dollar in the daily public auction to $ 242 million after Monday reached 275 million and $ 976 thousand dollars.

According to a statement of the bank has received all of Iraq [where] a copy of the "size of the amount sold by the bank at the auction of the dollar today reached [242] million and [712] thousand dollars at the exchange rate [1166] dinars to the dollar contribution [21] banks . "

He pointed out that "the quantity sold in cash amounted to [59] million and [700] thousand dollars, and the quantity sold remittances amounted to [183] ​​million and [12] 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 [where] auction sale and purchase of foreign currency has reported that the Iraqi central bank sales of dollar traded during the month of August [4] billion and $ 563 million and $ 751. Ended.