Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

    Full endorsement on this opportunity - but it's limited, so get in while you can!

CBI Daily Currency Auction - Monday, 31 August 2015


Recommended Posts

Currency Auctions

Announcement No. (3025)

The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Monday, 31/8/2015 and the results were as follows: 

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

Number of banks                                        23
Number of remittance companies                  7
Auction price selling dinar / US$                   1166
Auction price buying dinar / US$                    -----
Amount sold at auction price (US$)               193,641,326
Amount purchased at Auction price (US$)       -----
Total offers for buying (US$)                        193,641,326
Total offers for selling (US$)                        -----


   1. the quantity sold to banks from the date of 01.04.2015 until 08.31.2015 (28,869,476,102) dollars.
   2. Quantity sold to banks from the date of 01.04.2014 until 08.31.2014 (34,160,556,000) dollars.
   3. Note that:
       * Sarabie amounts transferred to accounts in banks abroad (1187) dinars per dollar, including the

         commission of the Central Bank of $ 21 dinars per dollar.
       * Cash sales price (1190) dollars Danarlkl including the commission of the Central Bank of $ (24) dinars

         per dollar.

Edited by ronscarpa
  • Upvote 2
Link to comment
Share on other sites

History of edits:: 2015/8/31 17:53 • 35 visits readable
[baghdad-where], the lower central bank sales, on Monday in the auction for the sale of foreign currency more than $ 193 million, after it was yesterday $ 212 million.
According to a statement of the bank, the agency received all of Iraq [where] a copy of "The size of the amount sold today by the bank at the auction of the dollar stood at 193 million and 641 thousand and $ 326, priced at 1166 dinars exchange rate to the dollar, and with the participation of 23 banks and seven companies of the financial convert" . 
He pointed out that "the amount of remittances and credits amounted to 169 million and 509 000, and $ 326, while the quantity sold in cash 24 million and 132 thousand 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 of 1187 dinars / dollar, including the commission of the Central Bank of $ 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar. 
"and raised suspicions of corruption and operations of laundering money through the central bank auction where announced , specialized issues of integrity and economic crime and money laundering a misdemeanor court, on August 20 this issuance provisions of imprisonment and a fine against officials in the Rafidain and North after being convicted on charges of corruption and money laundering, a banner earlier in the presence of 20 defendants in this some issues largely Chairman . 
"The Supreme Federal Court, announced on the sixth of July, several articles unconstitutional in budget 2015 law, including Article 50, the judge to" compel the Central Bank identifies sales of hard currency [the dollar] in its daily auction ceiling does not exceed 75 million dollar a day. 
"with the exception of Governor of the Central Bank and the Agency on the Keywords, the court's decision as" came in accordance with the Constitution and the Law on the Central Bank, which is a great importance because of its impact in promoting and supporting the independence of the Bank and remove him from influencing the policies and decisions ".anthy
  • Upvote 1
Link to comment
Share on other sites

This topic is now closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.