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Showing results for tags 'Auctions'.
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Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Frank26 The auctions are there because when they sell their oil in American dollars it's then converted into Iraqi dinars. The auctions are now being changed that whenever they sell their oil it's being sold in Iraq dinar...There will not be an avenue where they can steal in the transaction from American dollars or foreign currency into Iraqi dinars...
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Currency Auctions Announcement No. (3130) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 4/2/2016 and the results were as follows: DETAILS NOTES Number of banks 24 Number of remittance companies 20 Auction price selling dinar / US$ 1182 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 138,559,667 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 138,559,667 Total offers for selling (US$) ----- Market rate: 1,236 Auction rate: 1,182 Total sales: 138,559,667 Cash sales: 17,370,000 Electronic: 121,189,667
