View Full Version : Significant decline with sales of the dollar in auction

11-01-2009, 04:15 PM
A significant decline with sales of the Central Bank of the dollar in auction

1/11/2009 - 12:06

BAGHDAD / Aswat al-Iraq: sales fell by the Central Bank in the auction for the sale and purchase of foreign currencies, Sunday, up to 60 million versus $ 135 million during the previous meeting.
She bulletin issued by the Central Bank and the Agency has received (Voices of Iraq) a copy of that "the total volume of demand for the dollar stood at $ 60 million covered by the central bank stood at the basis of 1170 dinars per dollar."
The number has decreased significantly from the previous meeting and recorded in whole volume of demand was 135 million and 475 thousand dollars at the basis of total 1170 dinars per dollar.
The bulletin indicated that "demand for the dollar distribution of one million dollars in cash, covered by the central exchange rate was 1183 dinars per dollar, including the commission of the Central Bank of $ 13 dinars per dollar."
The bulletin pointed out that "the value of transfers out of Iraq amounted to $ 59 million covered by the exchange rate reached 1173 dinars to the dollar, including his commission's three dinars per dollar," stating that it "did not make any of the 18 banks participating in the auction, offers to sell the dollar."
The central bank held five meetings a week from Sunday to Thursday for the sale and purchase of foreign currencies.