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A significant reduction of the central bank auction on the sale of $ 94 million

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Rocky


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A significant reduction of the central bank auction on the sale of $ 94 million





6.7.2015 .


[Baghdad


the Iraqi Central Bank auction sales recorded on Monday, a significant decrease is the lowest since the days of reaching $ 94 million after it was yesterday for more than $ 244 million.


And achieved the Central Bank in a recent increase in sales of foreign currency, a marked decline in the dollar against the Iraqi dinar after he witnessed in the past weeks, a rise is the highest years since his arrival to 1,500 dinars to the dollar [150 000 dinars per hundred dollars] while currently sold by 1240 dinars to the dollar [123 000 dinars per hundred dollars] With an official rate of the Bank in 1166 dinars.

According to a statement of the bank, the agency received all of Iraq [where] a copy of "The size of the amount sold today by the bank at the auction of the dollar today reached 94 million and 455 000 dollars at 1166 dinars exchange rate to the dollar, and with the participation of 17 banks and four companies of the financial transformation.

" He pointed out that "the amount of remittances and credits volume reached 49 million and 930 000 dollars, while the quantity sold in cash 44 million and 525 thousand dollars.

" The statement said that "The CBI will continue to sell and buy dollars at 1166 dinars," adding that "the sale of remittances price of 1187 dinars / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar.

" The Federal Supreme Court, announced today the unconstitutionality of Article 50 of the Budget Law for 2015, and the judge to "compel the Central Bank identifies sales of hard currency [the dollar] in its daily auction ceiling does not exceed $ 75 million a day.

" It is noteworthy that the central bank opposed this selection being restricted from "financial movement and secure liquidity in the financial markets,"


http://www.alliraqnews.com/modules/n...p?storyid=9012

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