Central bank sells $ 642 million and installs the exchange rate during the current week
Increased central bank sales of dollar at auction this week slightly to 642 million compared to $ 632 million last week, proved in the central exchange rate basis to 1170 dinars per dollar.
Sales of the central bank auction of foreign currencies during the current week 642 million and 927 thousand dollars at the exchange rate stable basis for the week of the 43 respectively reached 1170 dinars to the dollar, by holding five meetings of the auction.
It edged up slightly from last week, which amounted to 632 million sales of the Central and 424 thousand dollars at the exchange rate based on 1170 dinars per dollar.
Sales have cash during the current week a large reduction of up to three million and 605 thousand dollars, compared with eight million dollars and 760 thousand dollars last week, the exchange rate was 1183 dinars per dollar commission inclusive of the Central Bank of $ 13 dinars to the dollar.
With increased foreign remittances to reach 639 million and 322 thousand versus $ 623 million and 664 thousand dollars last week, the exchange rate reached 1173 dinars to the dollar commission inclusive of the central bank's three dinars per dollar.
He says one of the owners of banking offices in Baghdad told (Voices of Iraq) that "the exchange rate in the domestic market is stabilizing at 117 thousand dinars per hundred dollars," as reason behind the rising demand for remittances and a decline in cash sales to "the return of part of the amounts transferred abroad to home in order to obtain the price difference between cash sales and remittances, which amounts to 10 dinars per dollar. "
The rate daily demand at an auction this week the central up slightly from last week, amounted to 128 million and 585 thousand versus $ 126 million and 484 during the five sessions last week.
The week witnessed the difference in the volume of applications to buy the dollar during the course of the auction, which reported a meeting on Sunday (15/11) less the size of the request during one session of 65 million and 830 thousand dollars, while another meeting on Monday (16/11) peak demand during one meeting was 171 million and 340 thousand dollars, there is no record of the meetings this week of the auction offers to sell the dollar by the banks to contribute to the auction.
The central bank held an auction of five meetings a week starting from Sunday to Thursday for the sale and purchase of foreign currencies, and receive a cash commission on the sale of about 13 dinars per dollar, and receive a commission of three dinars per dollar on the sale of remittances outside the country.
Friday, November 20, 2009 Friday, November 20, 2009
Increased central bank sales of dollar at auction this week slightly to 642 million compared to $ 632 million last week, proved in the central exchange rate basis to 1170 dinars per dollar.
Sales of the central bank auction of foreign currencies during the current week 642 million and 927 thousand dollars at the exchange rate stable basis for the week of the 43 respectively reached 1170 dinars to the dollar, by holding five meetings of the auction.
It edged up slightly from last week, which amounted to 632 million sales of the Central and 424 thousand dollars at the exchange rate based on 1170 dinars per dollar.
Sales have cash during the current week a large reduction of up to three million and 605 thousand dollars, compared with eight million dollars and 760 thousand dollars last week, the exchange rate was 1183 dinars per dollar commission inclusive of the Central Bank of $ 13 dinars to the dollar.
With increased foreign remittances to reach 639 million and 322 thousand versus $ 623 million and 664 thousand dollars last week, the exchange rate reached 1173 dinars to the dollar commission inclusive of the central bank's three dinars per dollar.
He says one of the owners of banking offices in Baghdad told (Voices of Iraq) that "the exchange rate in the domestic market is stabilizing at 117 thousand dinars per hundred dollars," as reason behind the rising demand for remittances and a decline in cash sales to "the return of part of the amounts transferred abroad to home in order to obtain the price difference between cash sales and remittances, which amounts to 10 dinars per dollar. "
The rate daily demand at an auction this week the central up slightly from last week, amounted to 128 million and 585 thousand versus $ 126 million and 484 during the five sessions last week.
The week witnessed the difference in the volume of applications to buy the dollar during the course of the auction, which reported a meeting on Sunday (15/11) less the size of the request during one session of 65 million and 830 thousand dollars, while another meeting on Monday (16/11) peak demand during one meeting was 171 million and 340 thousand dollars, there is no record of the meetings this week of the auction offers to sell the dollar by the banks to contribute to the auction.
The central bank held an auction of five meetings a week starting from Sunday to Thursday for the sale and purchase of foreign currencies, and receive a cash commission on the sale of about 13 dinars per dollar, and receive a commission of three dinars per dollar on the sale of remittances outside the country.
Friday, November 20, 2009 Friday, November 20, 2009