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Iraqi Central Bank sales to rise to $ 130 million

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therealbubbie

therealbubbie
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Alsumaria news/Baghdad
Sales of the Central Bank of Iraq at the beginning of the meetings of the World Bank this week, Sunday, rose to $ 130 million, compared to last Wednesday, when the Bank recorded sales of $ 88 million.

And, today, Sunday, rise in the Bank's sales to hit 130 million and 563 million dollars, covered by the Bank at an exchange rate basis total 1166 dinars to the dollar, compared to last Wednesday, Bank sales of 88 million, 853 k.

Application of distributed 111 million and 963 thousand dollars in transfer rates and by 86% over sales in cash which amounted to 18 million and 600 thousand dollars was covered by the World Bank, and the exchange rate reached 1179 dinars to the dollar, including the 13 Bank Commission dinars to the dollar, with the 22 banks had come forward to participate in the Iraqi Central Bank's auction of any offers to sell the dollar.

And Ashur the rest of other banks in terms of buying the currency in cash with the Bank bought six million dollars, followed by the three banks, namely the Bank shared the Middle East Al Huda Bank United Bank for investment, and $ 4 million each.

The Central Bank decided last Wednesday continued to hold auction for sale of foreign currency from the dollar on Sunday as a normal day at work.

The CBI was established as an independent bank under its law of the 6th 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 the daily meetings of the buying and selling of foreign currency except official holidays the Bank depends on these auctions [You must be registered and logged in to see this link.]

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