Central bank sales drop to $ 182 million Sunday
November 29 2015


Central bank sales recorded with the opening of this week's sessions on Sunday, a decrease of $ 182 million, referring to the participation of 23 banks and 16 financial convertible company at an auction today.
Today's meeting saw a decline in sales of the bank for up to 182 000 666 thousand dollars, covered by the bank at a price based on the exchange rate was 1166 dinars to the dollar, compared to the day Thursday, the sales, which amounted to $ 223 million.

Distribution of demand by 159 000 446 thousand dollars in the form of remittances from the remainder, amounting to 23.00019 million in cash, and completely cover all the demand by the Bank, was progressing banks and companies switching to participate in the Iraqi Central Bank auction any offers to sell the dollar.
And it established an independent Iraqi Central Bank as a bank under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions daily for buying and selling currencies.

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