Central bank sales rise today to $ 138 million

2016/10/5 13:50

[Oan- Baghdad]

CBI reported sales, on Wednesday, a rise in the auction for the sale of foreign currency, the sale of $ 138 million, having sold 134 million yesterday.

According to a statement of the bank, the agency received all of Iraq [where] a copy of it, "The size of the amount sold today reached 138 million, 951 thousand, and $ 680, priced at 1182 dinars exchange rate against the dollar, and with the participation of 29 banks and 14 financial transfer company."

He pointed out, that "the amount of remittances and credits amounted to 87 million, and 698 thousand and $ 680, while the quantity sold was 24 million in cash, and 550 thousand dollars."

The statement said, "The amounts 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 face of the Iraqi Central Bank, licensed banks and money transfer companies, broker for the sale and purchase of foreign currencies by reducing the quantities of all foreign selling of US dollar currency for those wishing to travel outside the country.

And select the bank to these entities, "the amount of $ 3000 sale instead of five thousand dollars for citizens wishing to obtain a dollar to cover their expenses abroad."

Judges specialize money laundering issues and revealed that millions of dollars were smuggled out of the country by traders and bankers and fictitious companies and money transfer benefiting from currency auction sale of the Central Bank of Iraq.