The source pointed out that the selling price landed with "1279" iraqi dinar to the dollar while the purchase price in cash was, "1277"; he stressed that quantity sold by the Bank amounted to 35 million and "555" thousand dollars, while the quantity purchased by the Bank was $ 4 million.
He added that the quantity sold in cash to banks and their customers amounted to 11 million and "040" thousand dollars while the quantity for making remittances outside Iraq hit 24 million and "515" thousand dollars; he ponted out that the sale price of remittances amounted to "1278" dinar while the cash sale price hit "12900".
It is noteworthy that the daily auction opened by the Central Bank is part of its policy which it followed three years ago to maintain stability of the Iraqi dinar exchange rate and to prevent its uneven prices compared to other currencies, as well as reducing the phenomenon of inflation.(Source)AlSabah
