ronscarpa Posted February 25, 2016 Report Share Posted February 25, 2016 Currency AuctionsAnnouncement No. (3145)The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Thursday, 25/2/2016 and the results were as follows: DETAILS ------------------ & ----------------- NOTESNumber of banks 29Number of remittance companies 20Auction price selling dinar / US$ 1182Auction price buying dinar / US$ -----Amount sold at auction price (US$) 107,780,000Amount purchased at Auction price (US$) -----Total offers for buying (US$) 107,780,000Total offers for selling (US$) -----Additionally:1. Quantity sold to banks from the date of 01.04.2016 until 2.25.2016 (5,613,572,430) dollars.2. Quantity sold to banks from the date of 01.04.2015 until 2.25.2015 ((4,020,956,000) dollars.3. Note that: * Sarabie amounts transferred to accounts in banks abroad (1190) dinars per dollar. * Cash sales price (1190) dollars Danarlkl) dollars. 4 Quote Link to comment Share on other sites More sharing options...
RV4CandyMan Posted February 25, 2016 Report Share Posted February 25, 2016 Not higher...... LOWER! Quote Link to comment Share on other sites More sharing options...
Laid Back Posted February 25, 2016 Report Share Posted February 25, 2016 Around a $100 millions... I like it. Go CBI Go monetary reform Go end of daily auctions Go increase exchange rate Go $1:1 2 Quote Link to comment Share on other sites More sharing options...
TQueezy Posted February 25, 2016 Report Share Posted February 25, 2016 The actual cash portion has been floating around 5 to 15 million. Which sounds about right for a population of 30 million Iraqis, of which money using adults amount to probably a little over half. More than enough daily cash being sold to be distributed to cover those citizens. 2 Quote Link to comment Share on other sites More sharing options...
sandfly Posted February 26, 2016 Report Share Posted February 26, 2016 Thanks 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.