Central bank sales is lowest auction sale of foreign currency

Wednesday, February 24, 2016 16:55



BAGHDAD / Baghdadi News / .. Central Bank announced on Wednesday its sales drop to their lowest levels since the beginning of 2016 at an auction sale of foreign currency.

In a statement the bank received / Baghdadi News /, copy of "The size of the amount sold today reached 94 million, 700 thousand dollars, the price of 1182 dinars to the dollar exchange rate, with the participation of 25 banks and 20 financial company to convert."

He added that "the amount of remittances and credits totaled $ 80 million, while the quantity sold was 14 million in cash, and 700 thousand dollars."

"The amounts transferred to accounts in banks overseas sale will be priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollar." It ended 21 / g

http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.albaghdadianews.com/economy.html

Parliamentary economy: the weakness of the follow-up and verification of import and export transactions led to a decline in sales of the Central



BAGHDAD / Baghdadi News / .. announced member of the Committee of Economy and Investment parliamentary Najiba Najib, on Wednesday, that the weakness of the follow-up and verification of import and export transactions led to a decline in central bank sales in the auction of foreign currency.

Najib said in an interview with / Baghdadi News /, that "the weakness of the state and the follow-up audit of export and import transactions led to the low level of central bank sales in the auction of foreign currency."

"The lack of purchasing power of citizens because of the financial and economic crisis experienced by the country is also a reason for the low level of central bank sales."

It is said that central bank sales in the auction of foreign currency fell today to the lowest level since the beginning of this year, reaching $ 94 million. It ended 21 / g

http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.albaghdadianews.com/economy.html