Central Bank closing auction on the sale of $ 91 million


History of edits:: 2016/4/7 14:50 • 97 visits readable

{Baghdad: Euphrates News} closed the Iraqi Central Bank, on Thursday, the auction for the sale of foreign currency, selling $ 91 million.
According to a statement of the bank, on Wednesday, received by the agency {Euphrates News} a copy of it, "The size of the amount sold today reached 91 million, and 959 thousand, and $ 994, priced at 1182 dinars exchange rate against the dollar, and with the participation of 29 banks and 20 companies of the financial transfer" .
He added that "the amount of remittances and credits amounted to 36 million, and 927 thousand, and $ 560, while the quantity sold was 11 million in cash, and 130 thousand dollars."
And that "the sums transferred to the accounts of banks selling abroad is priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollar."
The Governor of the Central Bank and the Agency on the Keywords announced in 23 of last March, the bank's intention to reduce sales of the dollar by 50% for the year 2016 this, stressing the need to take into account supply and demand.
Keywords and said in a televised interview, said that "rationing exists with the bank to sell the dollar during the auction conducted by, where we started to cut these sales in the year 201, which amounted to 25% compared to the previous year," pointing out that "the year 2016 probably will reach this sales decrease by 40 to 50% from the previous year. " is over

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