CBI Daily Currency Auction - Sunday, 26 July 2015

[ronscarpa]

Currency Auctions

Announcement No. (3001)

The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Sunday, 26/7/2015 and the results were as follows: 

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

Number of banks                                             18
Number of remittance companies                     4
Auction price selling dinar / US$                       1166
Auction price buying dinar / US$ -----
Amount sold at auction price (US$)                  254,545,300
Amount purchased at Auction price (US$)         -----
Total offers for buying (US$)                            254,545,300
Total offers for selling (US$)                             -----

Note That:

  * Sarabie amounts transferred to accounts in banks abroad (in 1187) dinars per dollar, including the commission of the Central Bank of $ 21 dinars per dollar.
  * Cash sales price (1190) dollars Danarlkl including the commission of the Central Bank of $ (24) dinars per dollar.

[yota691]

Central Bank sells at the opening of the weekly auction of more than $ 254 million

History of edits:: 26.7.2015 two twelve p.m. • 123 visits readable

[baghdad-where] 
was the Iraqi Central Bank sales, at the opening of the weekly auction for the sale of foreign currencies, on Sunday, $ 254 million.

According to a statement of the bank, the agency received all of Iraq [where] a copy of "The size of the amount sold today by the bank at the auction of the dollar stood at 254 million Wu 545 thousand and $ 300, priced at 1166 dinars exchange rate to the dollar, and with the participation of 18 banks and four companies of the financial convert" . 
He pointed out that "the amount of remittances and credits amounted to 253 million and 970 thousand and $ 300, while the quantity sold in cash 575 000 dollars." 
The statement said that "the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars," adding that "the sale of remittances price 1187 JD / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar. " 
It is said that, the Federal Supreme Court, announced on the sixth of July of this several articles unconstitutional in budget 2015 law, including Article [50], the judge to "compel the Central Bank identifies sales of hard currency [the dollar] in its daily auction ceiling does not exceed $ 75 million a day." 
with the exception of Governor of the Central Bank and the Agency on the Keywords, acceptance This appeal to the court that he "came accordance with the Constitution and the law of the central bank, which is a great importance because of its impact in promoting and supporting the independence of the Bank and remove him from influencing the policies and decisions" .anthy

[sandfly]

THANKS

[SocalDinar]

Market rate still improving . At 1223 today  7/27/15