ronscarpa Posted September 23, 2015 Report Share Posted September 23, 2015 Currency AuctionsAnnouncement No. (3042)The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Wednesday, 23/9/2015 and the results were as follows: DETAILS ------------------------- NOTESNumber of banks 24Number of remittance companies 12Auction price selling dinar / US$ 1166Auction price buying dinar / US$ -----Amount sold at auction price (US$) 170,614,521Amount purchased at Auction price (US$) -----Total offers for buying (US$) 170,614,521Total offers for selling (US$) -----Additionally:1. Quantity sold to banks from the date of 01.04.2015 until 09.23.2015 (32,063,125,616) dollars.2. Quantity sold to banks from the date of 01.04.2014 until 09.23.2014 (37,952,481,000) dollars.3. Note that:* Sarabie amounts transferred to accounts in banks abroad (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. 4 Link to comment Share on other sites More sharing options...
djiboutikid Posted September 23, 2015 Report Share Posted September 23, 2015 I'm curious... will anybody post/follow these auctions after the RV? Link to comment Share on other sites More sharing options...
ronscarpa Posted September 23, 2015 Author Report Share Posted September 23, 2015 I'm curious... will anybody post/follow these auctions after the RV? It depends on where the IQD is valued when it goes International. If it is low, many who hold IQD may delay cashing in - and wait for it to rise to a more realistic or desirable value. Some will cash out totally and some will wait and see. Remember, the IQD is the real currency of a soverign nation, Iraq. If it comes out high, almost everyone will cash in, and there would be no reason to monitor it here. Anyone who holds the IQD after any value increase will most likely monitor the CBI.iq website themselves. I hope this helps..RON 2 Link to comment Share on other sites More sharing options...
SocalDinar Posted September 23, 2015 Report Share Posted September 23, 2015 Thanks Ron. Market rate is at 1224 again today. Link to comment Share on other sites More sharing options...
davis411 Posted September 23, 2015 Report Share Posted September 23, 2015 Thanks Ron. Market rate is at 1224 again today. i assume thats a little better then??? Link to comment Share on other sites More sharing options...
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