Rise in the central bank auction sales today to more than $ 352 million

4.8.2015 15:32

the Iraqi Central Bank sales, in the auction for the sale of foreign currency to more than $ 352 million rose on Tuesday after yesterday amounted to $ 272 million.

According to a statement of the bank, the agency received all of Iraq [where] a copy of "The size of the amount sold today by the bank at the auction of the dollar stood at 352 million and 843 thousand dollars, the price of 1166 dinars exchange rate to the dollar, and with the participation of 26 banks and seven companies of the financial transformation".

He pointed out that "the amount of remittances and credits amounted to 307 000 318 thousand and $ 718, while the quantity sold in cash 45 million and 525 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 parliamentary finance committee last Sunday announced a decline in bank balance of the cash reserves about $ 10 billion, "usually it of" danger on the Iraqi economy. "

The Federal Supreme Court, announced on the sixth of July, the unconstitutionality of several articles in the 2015 budget law, including Article [50], the judge to "compel the Central Bank Select sales of hard currency [the dollar] in its daily auction ceiling does not exceed $ 75 million a day. "

With the exception of Governor of the Central Bank and the Agency on the Keywords, the court's decision as "came in accordance with the Constitution and the law of the central bank, which is a great importance because of its impact in promoting and supporting the independence of the Bank and remove him from influencing the policies and decisions. "

It was in the parliamentary finance committee member, revealed in 26 of last July, all go $ 6.9 billion for the areas occupied Daash terrorist gangs of money transfer companies taking advantage of the central bank auction. "

said Haitham al-Jubouri's [ Where, "We asked some banks to give us the names of correspondent banks but hid us this information private and our way we got the names of correspondent banks and the conversion adopted," adding, "We have found only one of these companies based in the Jordanian capital Amman for a period of five months prevents her from Iraq, $ 6.9 billion co-operation of this follow-up of the company and we have seen that many of the remittances go to the province of Kirkuk and it is not known commercial area such as the region or Basra, "he said." After we look at the information from some quarters, we found that some of these funds some of them converts to Nineveh and another received from Kirkuk, Nineveh and intervention in cash. "

and asked whether there are political parties or tribal leaders behind these transfers to areas under the control Daash Jubouri did not deny this, but said that "most of these remittances are smugglers money and Mtlaobei currency markets." end