CBI Daily Currency Auction - Wednesday,14 January 2015

[ronscarpa]

Currency Auctions

Announcement No. (2865)

The latest daily currency auction was held in the Central Bank of Iraq on Wednesday, the 14-1-2015.  
The results were as follows: 

DETAILS --------------------&--------------------- NOTES

Number of banks ------------------------------------ 19
Auction price selling dinar / US$ --------------------- 1166
Auction price buying dinar / US$ --------------------- -----
Amount sold at auction price (US$) ------------------ 216,081,000
Amount purchased at Auction price (US$) ------------ -----
Total offers for buying (US$) ------------------------ 216,081,000
Total offers for selling (US$) ------------------------- -----

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 (43.04 million) dollars and the quantity sold transfers of $ (173 041 000) dollars.
3. The CBI will continue to sell and buy the dollar and the price (1166) and receive the same commission mentioned above.

[SocalDinar]

Hello and thanks Ron.

 

Did you take a look at the market rate? 

It Dropped to its lowest value since Jun 2013. 

At 1240 Today. Thats a 40 pip drop in less than 1 month.