Lower third of central bank sales of the dollar during the year

by **Ponee** Wed Nov 16, 2016 11:45 am

According to statistics of the Central Bank of Iraq, the sale of the bank more than $ 27 billion in the auction for the sale of foreign currency since the beginning of this year 2016, and up on Sunday.

According to statistics , according to the website of the bank that ' the quantity sold to banks from the date of January 2016 3rd to yesterday 913 this November, amounted to 27 billion, 921 million, 177 thousand, and $ 867. '

recorded these sales significant decrease for the same period last year, reaching from the date of 04.01.2015 and up to November 13 of the same year , 37 billion and 653 million and 615 Alpha and $ 389, a decrease of about $ 10 billion.

sells CBI, in a weekly auction except public holidays amounts of dollar exceed often the barrier of $ 100 million, to banks and companies remittance.

the face of the bank, licensed banks and money transfer companies and broker to sell and purchase of foreign currencies all reduce the amount of the sale of foreign of the US dollar currency for those wishing to travel outside the country.

the bank set for these entities 'sale amount of 3000 dollars instead of five thousand dollars for citizens wishing to obtain a dollar to cover their expenses abroad.'

revealed a senior official at the bank CBI, about the size of the currency amount of foreign bank reserves.

the general director of banking and credit control in the Central Bank Ihsan Shomran Yasiri, in a televised statement, last September, that the 'cash reserves of the bank 's foreign currency of up to $ 50 billion , which is quite normal No. with the country in the past three years a large deficit in the state ' , stressing that these foreign reserves are , according to the international Monetary Fund on the safe side'.

he said specialists issues judges of money laundering that 'millions of dollars were smuggled out of the country by traders and bankers and fictitious companies and money transfer benefiting from currency auction sale of the Central Bank of Iraq. "

http://www.ikhnews.com/index.php?page=article&id=149519