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Post by RamblerNash Tue Nov 19, 2019 1:36 am

RayRen98   

Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI


11/17/19

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Central Bank sales rise to more than 247 million dollars

RayRen98 - The "Forest Gump" of Dinarland! Doc-P-325324-637096742743112394

2019-11-18 | 07:32

The Central Bank of Iraq, on Sunday, the sale of more than 247 million dollars and the participation of 30 banks.

And saw the Central Bank of Iraq during an auction for the sale and purchase of foreign currencies today an increase in sales to reach 247 million and 900 thousand dollars covered by the bank at a base exchange rate of 1190 dinars per dollar, compared to Sunday, which sales of 199 million and 713 thousand dollars.

Demand was distributed by 228 million and 940 thousand dollars to strengthen the balances abroad in the form of remittances and credits, while the rest of the remaining 18 million and 960 thousand dollars were distributed in the form of cash sale, which was fully covered by the bank at an exchange rate of 1190 dinars for one dollar.
 
None of the 30 banks and one of the money transfer companies made any bids to sell the dollar.
 
It is noteworthy that the Central Bank conducts daily sessions for the sale and purchase of foreign currencies except public holidays, which stop the bank from these auctions.

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