Bank decides to cut commission selling the dollar at the auction two dinars

by **Ponee** Tue Nov 18, 2014 10:00 am

decided the central bank, on Monday, reducing commission selling the dollar at the auction two dinars, adding that the goal is for the purpose of encouraging traders on the opening credits.

The bank said in a statement received "Alsumaria News", a copy of which, "The Board of Directors decided to cut commission selling the dollar at the auction for the purposes of credits from 18 to 16 dinars. " The bank said that "the selling price will be 1182 dinars to the dollar instead of 1184 dinars to the dollar," noting that "the goal is for the purpose of encouraging traders on the opening credits." .

Central Bank of Iraq and held daily for the sale and purchase of foreign currencies with the participation of Iraqi banks sessions, with the exception of public holidays in which the bank stop these auctions, sales and be either in cash or in the form of money orders sold abroad in exchange for a certain commission.

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