High central bank sales today to $ 198 million


Central bank sales recorded, on Wednesday, in the auction for the sale of foreign currency rose slightly to sell $ 198 million, after selling $ 193 million yesterday.
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 198 million and 435 thousand and $ 500, priced at 1166 dinars exchange rate to the dollar, and with the participation of 27 banks and 11 financial convertible Company" . He pointed out that "the amount of remittances and credits amounted to 165 million and 725 thousand, and $ 500, while the quantity sold in cash 32 million and 710 000 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.
"announced the Governor of the Central Bank on the Keywords on Tuesday that the decline in oil revenues and the expenses of the war on terror trimmed the country's foreign exchange reserves to about $ 60 billion, enough to cover the needs of imports in about 18 months for the second-largest oil producer in OPEC.
The International Monetary Fund said that these factors reduced also international reserves, which fell to $ 66 billion in the end of 2014 from 78 billion at the end of 2013. The statistical conducted [where], based on daily bank auction bulletin, reported that sales last August, amounted to more than $ 5.3 billion, the remittances of which $ 4.6 billion, and cash for $ 618 million .anthy