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Central bank sales fall in May to $ 4 billion

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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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Central bank sales fall in May to $ 4 billion Empty Central bank sales fall in May to $ 4 billion

Post by RamblerNash on Tue Jun 25, 2019 11:21 pm

Central bank sales fall in May to $ 4 billion

Central bank sales fall in May to $ 4 billion Doc-P-308937-636970522532976645

2019-06-25 05:35

The Central Bank of Statistics (CBO) disclosed Tuesday that the Central Bank's sales declined during its daily auction of $ 4 billion in May.

The central in the official statistics seen by Alsumaria News that "sales of the Central Bank of Iraq for the month of May in the auction, which is conducted daily amounted to 3 billion and 896 million and 480 thousand and 202 dollars compared to the previous month, which exceeded sales of 4 billion dollars," noting that "the exchange rate The market reached 1200 dinars per dollar. "

He added that "the total cash sales for the month of May amounted to 444 million and 360 thousand dollars, while the total foreign transfer of remittances and appropriations 3 billion and 452 million and 120 thousand and 202 dollars."

It is noteworthy that the Central Bank is conducting daily meetings to buy and sell foreign currencies, except public holidays, which stops the bank from these auctions.

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