The central bank increases the dollar sales today after a rise in prices



January 13, 2016 17:07

Central bank sales recorded, on Wednesday, an increase in the auction for the sale of foreign currency, sold more than $ 213 million after yesterday sold $ 171 million the previous days, and this almost average.

An attempt by the Bank to adjust the exchange rates of the dollar against the Iraqi dinar This increase comes after a relative rise witnessed in the past two days.

According to a statement of the bank, "The size of the amount sold today reached 213 million, and $ 663 thousand, priced at 1182 dinars to the dollar exchange rate, with the participation of 18 banks and 15 financial company to convert."

He pointed out that "the amount of remittances and credits amounted to 190 million and 353 thousand dollars, while the quantity sold was 23 million in cash, and 310 000 dollars."

The statement said that "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 1190 dinars per dollar."

The local markets have seen yesterday and today marked increase in the dollar exchange rate of the dinar against the dollar Wednesday as the one reached in 1228 dinars [128 000 dinars for one hundred dollars.

He attributed the currency traders and economists this rise to a lack of supply of the dollar at the central bank's daily auction during the last days, including the disproportionate to the market need of foreign currency continues to rise, expecting the dollar to 1,500 dinars [150 000 dinars for one hundred dollars]

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