Low central bank sales today to $ 205 million
9/21/2015 0 Comments

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[Baghdad - where] central bank sales, fell on Monday in the auction for the sale of foreign currency to $ 205 million, after selling $ 206 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 dollar reached 205 000 544 thousand and $ 963, priced at 1166 dinars exchange rate to the dollar, and with the participation of 29 banks and 11 companies for conversion financial. "He pointed out that" the amount of remittances and credits amounted to 170 million and 554 thousand, and $ 963, while the quantity sold in cash 34 million and 990 thousand dollars. "The statement said that" the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars, "noting "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 the eighth of September this, that the decline in oil revenues and expenses of the war on terror has reduced Iraq'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 the Iraqi 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.

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