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ronscarpa

CBI Daily Currency Auctions (Double) - Sunday, 21 December 2014

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Currency Auctions  

 

Announcement No. (2847)

 

The latest daily currency auction was held in the Central Bank of Iraq on Saturday, the 20-12-2014

The Port on Sunday, the 21-12-2014. The results were as follows:

 

 

DETAILS                          &                             NOTES  

-------------------------------------------------------------------------

Number of banks                                              5

Auction price selling dinar / US$                       1166

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

Amount sold at auction price (US$)                  51,146,000

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

Total offers for buying (US$)                            51,146,000

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. quantity sold in cash of $ (1.49 million) dollars and the quantity sold in the amount of remittances (49.656 million) dollars.

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

 1. Note that: 

 

 

Announcement No. (2848)

 

The latest daily currency auction was held in the Central Bank of Iraq on Sunday, the 21-12-2014

The results were as follows:

 

 

DETAILS                               &                         NOTES

--------------------------------------------------------------------------

Number of banks                                               9

Auction price selling dinar / US$                       1166

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

Amount sold at auction price (US$)                   82,639,000

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

Total offers for buying (US$)                             82,639,000

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 (16.68 million) dollars and the quantity sold in the amount of remittances (65.959 million) dollars.

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

Edited by ronscarpa
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I had always heard that just BEFORE the RV, this would happen!

 

Also, I am WORRIED about the market rate going UP too much now and this will get them OUT of the 2% compliance for the IMF?

 

:shrug:

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Central bank sales in the auction yesterday and today more than 133 million dollars

Sunday, January 21 1 / December 2014 13:23

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[baghdad-where]

Reached the CBI sales in the auction on Saturday and Sunday more than $ 133 million.

According to a statement of the bank received by all of Iraq [where] a copy of the "amount sold by the bank the size of the auction price of the dollar on Saturday reached 51 million and 146 thousand dollars at the exchange rate in 1166 dinars to the dollar and with the participation of five banks."

He added that "the quantity sold in cash amounted to 490 000 million dollars, and the quantity sold Khawwalat amounted to 49 million and 656 000 dollars."

He pointed out that "the auction sales on Sunday reached 82 million and US $ 639 000 with the participation of nine banks," noting that "the quantity sold in cash of $ 16 million and US $ 680 000, and the quantity sold Khawwalat amounted to 65 million and 959 000 dollars."

The statement said that "the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars," adding that "the sale of remittances price 1187 JD / dollar, including the commission of the Central Bank of 21 dinars per dollar, with total cash sales price of $ 1190 JD / dollar, including the commission Bank Central of 24 dinars per dollar. "

The statistical conducted by [where] Ahehria about central bank sales of dollar reported that sales in November of last month amounted to 4 billion and 573 million and 190 thousand dollars.

According to the statistics that the bank auction sales of the dollar since the beginning of this year until the end of last month amounted to 45 billion and 682 million and 870 000 Dolar.anthy

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These are the lowest amounts & lowest number of banks I've seen in 5 yrs. is something afoot. Maybe the Iraqis are finally starting to use the Dinar!

Go RV

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