Central Bank registered first decline for sales August sell less than $ 200 mlln 8/24
Central Bank registered the first decline for sales in August to sell less than $ 200 million
8/24/2015 0 Comments
Central bank sales recorded, on Monday, in the auction for the sale of foreign currency to decline during the month of August, the first being the sale of $ 199 million, after it had been ranging between $ 200 million and above. 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 199 million and 513 thousand and $ 852, priced at 1166 dinars exchange rate to the dollar, and with the participation of 29 banks and seven companies for the fiscal conversion ".
He pointed out that" the amount of remittances and credits amounted to 160 million and 318 thousand, and $ 852, while the quantity sold in cash 39 million and 195 thousand dollars. "The statement said that" the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars, "adding that" the sale of remittances price of 1187 dinars / 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.
"and raised suspicions of corruption and operations of laundering money through the central bank auction where announced , specialized issues of integrity and economic crime and money laundering a misdemeanor court, last Thursday issued sentences of imprisonment and a fine against officials in the Rafidain and North after being convicted on charges of corruption and money laundering, a banner earlier in the presence of 20 defendants in this some issues largely chairman. "
The Federal Supreme Court, announced on the sixth of July, several articles unconstitutional in budget 2015 law, including Article 50, the judge to "compel the Central Bank identifies 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 on 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 ".anthy