The central bank auction closing down sales to $ 170 million 9/17/2015
The central bank auction closing down sales to $ 170 million
9/17/2015 0 Comments
[Baghdad - where]
closed the Iraqi Central Bank, on Thursday, the weekly auction for the sale of foreign currencies, the sale of $ 170 million, a decline from yesterday's sales, which amounted to $ 171 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 170 million and 79 thousand and $ 150, priced at 1166 dinars exchange rate to the dollar, and with the participation of 27 banks and four companies of the financial convert" . He pointed out that "the amount of remittances and credits amounted to 150 million and 939 thousand and $ 150, while the quantity sold in cash 19 million and 140 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.
"announced the Governor of the Central Bank on the Keywords on the eighth of September of this, that the decline Oil revenues and expenses of the war on terrorism has reduced the country's foreign exchange reserves to about $ 60 billion, enough to cover the needs of imports for about 18 months for the second-largest oil producer in OPEC.
The International Monetary Fund said that these factors also reduced international reserves, which fell to $ 66 billion At 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 Dolar.