Central Bank of Iraq sales of foreign currency fall 11 million USD

[yota691]

Central Bank of Iraq sales of foreign currency fall 11 million USD

Total sales totaled $ 161.15 million

 

 23 November 2017 12:57 PM

Direct sales of the Central Bank of Iraq fell from foreign currencies during the auction Thursday, to 120.06 million dollars, compared to sales of 311.27 million dollars Wednesday auction , down 11.21 million dollars, according to the bank statement.

The central bank said in its statement that the exchange rate reached 1190 dinars per dollar in the auction held with the participation of 37 banks and 9 financial transfer companies .

These sales are the result of the auction scheduled for next Sunday, November 26, indicating that the total sales for the day amounted to 161.15 million dollars.

The volume of money sold to boost banks abroad was $ 119.97 million, while cash sales were estimated at $ 1.08 million.

The Central Bank, in the statement, that the sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the sale of cash

[Gypsygirl11]

BUMP

 

[NEPatriotsFan1]

Hopefully we are nearing the end of the auctions and MCP! 

[Officiallytook]

 

[SocalDinar]

Central Bank of Iraq Auctions $151,694,493 on 04 December 2017

 

by Ibrahim Khalil Dec 4, 2017, 1:45 pm

https://www.iraqinews.com/business-iraqi-dinar/central-bank-of-iraq-auctions-151694493-on-04-december-2017/

 

 

 

 

 

 

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Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on December 4 registered $151,694,493 in sales, a -5.74% volume decline from the US $160,933,000 sold by Iraqi Dinar, credit and transfer at the previous auction held on December 3.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on December 4 compared to the previous auction.

Data for the December 4 auction was made public by CBI Announcement Number 3584.

Dollar sales in the in the period January 1, 2017 to December 4, 2017 saw an increase of 0.13% compared to the sales of US $13.9 billion in the same period in 2016. The total amount of US currency sold by CBI in the calendar year 2016 was US $14.55 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to December 2017, sales of US dollars averaged US $1.72 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year	Month	US dollar sales in billions	Increase/(decrease) compared to the previous month
2016	January	2	–
2016	February	2.09	4%
2016	March	1.95	-7%
2016	April	1.94	-0%
2016	May	2.09	8%
2016	June	1.8	-14%
2016	December	0.4	-78%
2017	January	2.2	450%
2017	February	2	-9%
2017	March	2.1	5%
2017	April	1.8	-14%
2017	May	2.3	28%
2017	June	0.6	-74%
2017	July	2.2	267%
2017	August	2.1	-5%
2017	September	1	-52%
2017	October	2.2	120%
2017	November	1.9	-14%
2017	December	0.1	-95%