Low central bank sales of the dollar during the current year

by **Rocky** Tue 15 Nov 2016, 4:19 am

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Low central bank sales of the dollar during the current year

by Rocky Tue 15 Nov 2016, 4:19 am

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2016/11/15 | 10:41

(Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - Economy News Baghdad , 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 thebeginning of the year 2016.

According to statistical According to the website of the bank that the quantity sold to banks from the date ofJanuary 2016 3rd to Sunday Nov. 13, amounted to 27 billion, 921 million, 177 thousand, and $ 867.

These sales recorded a significant decline for the same period last year, reaching 412,015 from the date until November 13 of the same year , 37 billion and 653 million and 615 thousand and $ 389, a decrease of about $ 10 billion.

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

The face of the bank, licensed banks and money transfer companies , broker for the sale and purchase of foreign currencies by reducing the quantities of all foreign selling of US dollar currency for those wishing to travel outside the country.

And select the bank to sell these entities amount to $ 3000 instead of five thousand dollars for citizens wishing to obtain a dollar to cover their expenses abroad.

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