CBI Daily Currency Auction - Thursday, 4 December 2014

[ronscarpa]

Currency Auctions
 

Announcement No. (2834)

 

The latest daily currency auction was held in the Central Bank of Iraq on Thursday, the 04-12-2014. 
The results were as follows:
 

DETAILS                      &                         NOTES

 

Number of banks                                       18

Auction price selling dinar / US$                 1166

Auction price buying dinar / US$                 -----

Amount sold at auction price (US$)             164,248,000

Amount purchased at Auction price (US$)    -----

Total offers for buying (US$)                        164,248,000

Total offers for selling (US$)                         -----

 
1. NOTE THAT:

     # The sale of remittances Price (1187) JD / dollar, including the commission of the Central Bank in the amount of 21 dinars per dollar.

       #  Cash sales price of the dollar (1190) JD / dollar, including the commission of the Central Bank in the amount of 24 dinars per dollar.

2. the quantity sold in the amount of cash (28.92 million) dollars and the quantity sold transfers of $ (135 328 000) dollars.

3. The CBI will continue to sell and buy the dollar and the price (1166) and receive the same commission mentioned above.

Edited December 4, 2014 by ronscarpa

[Artitech]

What does this mean, if you dont mind sharing your thoughts! Thank you Ron In advance!

[Yukon Silvermoon]

What is this whole 21/24 dinars per dollar stuff I keep seeing?