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CBI Currency Auction - Tuesday, 2 April 2013

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Currency Auctions - Announcement No. (2347)

The latest daily currency auction was held in the Central Bank of Iraq on Tuesday, the 2-Apr-2013. The results were as follows:

DETAILS ---------- & ---------- NOTES

Number of banks 25
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ -----
Amount sold at auction price (US$) 139,840,000
Amount purchased at Auction price (US$) -----
Total offers for buying (US$) 139,840,000
Total offers for selling (US$) -----


Exchange rates
Dollar's exchange rates / in Baghdad markets
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And....The Auction selling U.S. Dollars continues....!  :confused2: 

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And....The Auction selling U.S. Dollars continues....!  :confused2: 

why oh why oh why ??? :confused2:

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Maybe they want to keep a USD reserve for a rainy day.. LOL  :shrug:

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