Statistical Report: CBI sales of the dollar last month, more than 4 and a half billion dollars

Posted by on Oct 28, 2013 | Leave a Comment

Sunday, 01 September / September 2013 14:49

In statistical prepared and all of Iraq [where] the auction sale and purchase of foreign currency emerged that the Iraqi central bank sales of the dollar has reached during the last month of August 4 billion and $ 563 million and $ 751.

According to central bank data daily, these huge sums sold a stable exchange rate is 1166 dinars per dollar, while the dollar sold on the black market at about 1220 dinars to the dollar.

This means that if the buyers have sold the purchased currency from the central bank had received the benefit of 54 dinars per dollar, and the total up to more than 246 billion dinars for the month of August only.

The Iraqi central bank held six sessions a week for auction sale and purchase of foreign currencies, starting from Saturday to Thursday.

During the month of August auction closed 8 days are in addition to the Friday holiday Eid al-Fitr holiday.

It was the highest amount of selling in a single day during the month of August at an auction on August 5 when the sale of 288 million and 639 thousand dollars, one of the 4-day sales exceeded a quarter of a billion dollars.

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