Rise in central bank sales by about ten million dollars from last week

10.23.2011 | (Voice of Iraq) - Add comments - Sumerian News / Baghdad Sales Central Bank of Iraq in the opening of its first session for the current week, Sunday, up about ten million dollars to more than $ 183 million, compared to the last day last Thursday which recorded a 173 million dollars. During today's meeting, a rise in sales of the bank up to 183 000 378 thousand dollars had been covered by the bank at an exchange rate basis was 1170 dinars to the dollar, compared to last Thursday, as sales of the bank 173 million and 528 thousand dollars. and distributes demand by nine million and 280 thousand dollars in cash, while the divided remainder of $ 174 million and 98 thousand dollars in the form of remittances external covered by the bank in full, the exchange rate was 1183 dinars per dollar, including transactions with the bank amounting to 13 dinars per dollar, with no make the banks participating in the auction of 22 banks in any offers to sell the dollar. and founded the Iraqi Central Bank as an independent institution under the law issued on the sixth of March of 2004, as an independent body is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management foreign reserves and the issuance of currency management, as well as to regulate the banking sector to promote the financial system competitive and independent. It is noteworthy that the CBI is being daily sessions for the sale and purchase of foreign currencies with the exception of public holidays, which stops the bank from those auctions.