View Full Version : Central sells $ 125 million in auction for the sale of currencies

01-26-2010, 05:16 PM
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Central sells $ 125 million in auction for the sale of currencies

26/1/2010 - 13:15

BAGHDAD / Aswat al-Iraq: sales fell by the CBI from the dollar in the auction for the sale of currencies on Tuesday, reaching 125 million versus $ 180 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 125 million and 416 thousand dollars, covered by the central bank at the basis of 1170 dinars per dollar."

The figure is lower than the previous session, which recorded a sales volume reached 180 million and 943 thousand dollars at an exchange rate based on 1170 dinars per dollar.

The bulletin stated that the demand for the dollar, "distributed by the six million and 90 thousand dollars in cash, while the value of remittances outside Iraq, 119 million and 326 thousand dollars, covered by the exchange rate reached 1173 dinars to the dollar the previous meeting, including his commission's three dinars per dollar," and indicated Newsletter "It did not make any of the 19 banks participating in the auction with 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.