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Today RISE in SALES of up to 101 MILLION DOLLARS and 102 at an exchange rate 1166. On Wednesday, which recorded about 100 million dollars and 295 k


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Slightly higher Central Bank sales in most of its meetings

 


28-02-2013

Sales of the Central Bank of Iraq at the conclusion of meetings for this week, Thursday, rose slightly to nearly $ 1 million to more than 101 million dollars, compared with Wednesday, which recorded about 100 million dollars.

Today's session saw a rise in sales of up to 101 million dollars and 102 were covered by the Bank at an exchange rate basis total 1166 dinars to the dollar, compared with Wednesday's past, where sales reached 100 million and 295 k.

Demand and distributed 15 million and 800 thousand dollars in cash, with the rest distributed $ 85 million and $ 302,000 external transfers covered by the World Bank, and the exchange rate stood at 1,183 dinars to the dollar, including the 13 Bank Commission dinars to the dollar, the banks did not make participation in the auction of 15 banks with no offers to sell dollars.

He founded the Central Bank as an independent institution under the law of the 6th of March of 2004 and is responsible for maintaining price stability, monetary policy implementation, including exchange rate policies and the management of foreign reserves and currency management, as well as banking sector regulation to promote competitive and independent financial system.

The Iraqi Central Bank daily meetings being the sale and purchase of foreign currencies with the exception of public holidays.

 



Read more: http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.sotaliraq.com%2Fmobile-news.php%3Fid%3D90231

 

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Slightly higher Central Bank sales in most of its meetings

 

28-02-2013

Sales of the Central Bank of Iraq at the conclusion of meetings for this week, Thursday, rose slightly to nearly $ 1 million to more than 101 million dollars, compared with Wednesday, which recorded about 100 million dollars.

Today's session saw a rise in sales of up to 101 million dollars and 102 were covered by the Bank at an exchange rate basis total 1166 dinars to the dollar, compared with Wednesday's past, where sales reached 100 million and 295 k.

Demand and distributed 15 million and 800 thousand dollars in cash, with the rest distributed $ 85 million and $ 302,000 external transfers covered by the World Bank, and the exchange rate stood at 1,183 dinars to the dollar, including the 13 Bank Commission dinars to the dollar, the banks did not make participation in the auction of 15 banks with no offers to sell dollars.

He founded the Central Bank as an independent institution under the law of the 6th of March of 2004 and is responsible for maintaining price stability, monetary policy implementation, including exchange rate policies and the management of foreign reserves and currency management, as well as banking sector regulation to promote competitive and independent financial system.

The Iraqi Central Bank daily meetings being the sale and purchase of foreign currencies with the exception of public holidays.

 

Read more: http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.sotaliraq.com%2Fmobile-news.php%3Fid%3D90231

 

 

 

Is the World Bank buying dinar? And is this saying the WB founded the CBI? 

 

What am I missing here?

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sandfly : " i think, every body is going to make a little on this " ,  What do you mind by " a little "? You mean our profit from RV is just a spread between buying rate and selling rate. This is very very little and it isn't considered RV I guess. Oh no This isn't what we want it. Please don't let something like this happen.

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Well it is suppose to be a international reserve currency some day.  So I would think many are buying dinar to put in their coffers.  But what I think about is those banks that just have to have US dollars consistently   Why?  Hmmm, Iran maybe, Syria.  So those banks who are always needing US dollars for some reason are the ones that they need to follow the money and investigate.  Helloooo.  Why are they always out of US dollars?  Where they going?  

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