The central bank opens the weekly auction to sell more than $ 200 million 9/6/2015
The central bank opens the weekly auction to sell more than $ 200 million
The central bank opened, on Sunday, the weekly auction for the sale of foreign currency to sell more than $ 200 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 200 million and 178 thousand and $ 144, priced at 1166 dinars exchange rate to the dollar, and with the participation of 24 banks and six companies of the financial convert" . He pointed out that "the amount of remittances and credits amounted to 177 million and 289 thousand, and $ 144, while the quantity sold was 22 million in cash and 889 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 dinars / USD, including the commission Bank Central of 24 dinars per dollar. " It was conducted by the statistical [where], based on the bank's daily auction bulletin, reported that sales last August, amounted to more than $ 5.3 billion, including remittances were $ 4.6 billion, and cash for $ 618 million.
And raised suspicions of corruption and operations of money laundering through the central bank auction where announced, specialized issues of integrity and economic crime and money laundering a misdemeanor court, on 20 August 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 in the earlier to the presence of 20 defendants in these cases, some degree of Chairman of the Board. "
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