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CBI Currency Auction - Thursday, 4 July 2013


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Currency Auctions - Announcement No. (2418)

The latest daily currency auction was held in the Central Bank of Iraq on Thursday, the 4-Jul-2013. The results were as follows:

DETAILS --------------- & --------------- NOTES
Number of banks -------------------------- 21
Auction price selling dinar / US$ ---------- 1166
Auction price buying dinar / US$ ............. -----
Amount sold at auction price (US$) ------ 212,289,000
Amount purchased at Auction price (US$)  -----
Total offers for buying (US$) ------------ 212,289,000
Total offers for selling (US$) .................. -----

Exchange rates
Dollar's exchange rates / in Baghdad markets
 

 

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:twothumbs: HAPPY JULY 4th EVERYONE .. May GOD Bless The United States of America, and turn us back to HIMSELF...!  :twothumbs: 

 

It appears the saga continues - the US$ sales continue -- We still await the passing of necessary laws & implementing the Erbil conditions...!  :tiphat: 

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Thanks Ron and Happy 4th ..

A significant reduction in central bank sales estimated at $ 57 million

 

    04/07/2013 - 14:49 | Source:   SM-1-634629974004106283.png       Economy and Business     227 views       Editor:    Ammar al-Ani  

NB-78886-635085355315076081.jpg
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    ArrowSelected.png Alsumaria News / Baghdad 
recorded sales of Central Bank of Iraq at the end of its meetings for the current week from Thursday, a significant decrease by about $ 57 million to up to $ 212 million, compared to yesterday, which recorded sales in which $ 269 million. saw session, today, a decline in sales of the bank for up to 212 000 289 thousand dollars, have been covered by the bank at an exchange rate basis was 1166 dinars to the dollar, compared to yesterday, reaching sales of the bank 269 000 801 thousand dollars. distributed demand by 181 000 264 thousand dollars in the form of remittances and by 85 % for the remainder of $ 31,000,025 in cash, was to cover all the demand by the bank in full, and the exchange rate was 1179 dinars per dollar, including bank's commission of 13 dinars per dollar, while not participating banks of 21 in the bank auction any offers to sell the dollar. was Bank Jehan from more banks buy foreign currency, reaching what he bought 23.00034 million thousand dollars, followed by Bank of the country of Islamic and by 22,000,534 thousand dollars. , founded the Iraqi Central Bank as a bank independent under its law issued on the sixth of March of the year 2004, as an independent body, which responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for the sale and purchase of foreign currencies, except on Friday.
Edited by yota691
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