CBI Daily Currency Auctions (2) - Posted on 28 September 2014

[ronscarpa]

Currency Auctions

Announcement No. (2780)

The latest daily currency auction was held in the Central Bank of Iraq on Thursday, the 25-9-2014. The Port on Sunday, 28-9-2014. the results were as follows:

DETAILS .................&...................... NOTES

Number of banks 16

Auction price selling dinar / US$ 1166

Auction price buying dinar / US$ -----

Amount sold at auction price (US$) 201,537,000

Amount purchased at Auction price (US$) -----

Total offers for buying (US$) 201,537,000

Total offers for selling (US$) -----

Announcement No. (2781)

The latest daily currency auction was held in the Central Bank of Iraq on the 27-9-2014. The Port on Sunday, 28-9-2014. The results were as follows:

DETAILS .....................&................. NOTES

Number of banks 10

Auction price selling dinar / US$ 1166

Auction price buying dinar / US$ -----

Amount sold at auction price (US$) 99,513,000

Amount purchased at Auction price (US$) -----

Total offers for buying (US$) 99,513,000

Total offers for selling (US$) -----

[yota691]

Central bank: more than 300 million dollars at auction and sell currencies yesterday on Sunday

Sunday, 28 September / September 2014 19:35

[baghdad-where]

Sales of the Central Bank of the dollar in Mzadih on Saturday and Sunday more than 300 million dollars.

According to a statement of the bank and the agency has received all of Iraq [where] a copy of the "size of the amount sold by the bank at the auction of the dollar on Saturday reached 99 million and 513 000 dollars at the exchange in 1166 dinars to the dollar with the participation of 10 banks."

He pointed out that "the quantity sold in cash amounted to 27 million and 485 thousand dollars, and the quantity sold Khawwalat amounted to 72 million and 28 000 dollars."

The central bank sales in the auction on Sunday, up from an auction yesterday to sell more than 211 million dollars.

The bank said in a statement that "the size of the amount sold at auction today reached 211 million and 204 000 dollars at the exchange in 1166 dinars to the dollar with the participation of 16 banks."

He pointed out that "the quantity sold in cash amounted to $ 37 million and 800 thousand dollars, and the quantity sold Khawwalat amounted to 173 million and 404 000 dollars."

The statement pointed out that "the Iraqi Central Bank continues to buy and sell at a price of 1166 dinars to the dollar and earns commissions mentioned the same."

The statistics for [where] conducted monthly for central bank sales of dollar pointed to higher sales of the dollar in August, the highest since the beginning of the year 2014, where five billion and amounted to 738.49 million dollars.

According to the statistical Ban Sales Auction Bank of the dollar since the beginning of this year until the end of last month amounted to 33 billion and 266 million and 46 000 Dolar.anthy.

[Artitech]

What does this mean?

[calkid11]

Thank you