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CBI Daily Currency Auction - Tuesday - 8 March 2016


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Currency Auctions
Announcement No. (3153)

The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq

on Tuesday, 8/3/2016 and the results were as follows: 

 

 

DETAILS ---------------------------------- NOTES

 

Number of banks                                      30
Number of remittance companies               20
Auction price selling dinar / US$                1182
Auction price buying dinar / US$                -----
Amount sold at auction price (US$)            96,519,154
Amount purchased at Auction price (US$)   -----
Total offers for buying (US$)                     96,519,154
Total offers for selling (US$)                      -----

Additionally:

1. Quantity sold to banks from the date of 01.04.2016 until 3.08.2016 (6,424,582,645) dollars.
2. Quantity sold to banks from the date of 01.04.2015 until 3.08.2015 (5,238,280,011) dollars.
3. Note that:
   * Sarabie amounts transferred to accounts in banks abroad (1190) dinars per dollar. 
   * Cash sales price (1190) dollars Danarlkl dollars.

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***///

 

We were just about to ask something similar ---   :confused2:

we thought we'd wait and see if RONSCARPA did a fly-by today !   :eagle:

 

(not that we couldn't look it up ourselves... we're just spoiled here !) :)

(and not that it matters at all, according to some...)

I am spoiled, need answers now

 

hahahah joking peoples

thanks but yes good question, it seems to be less auctions 

with a lower number

 

why???

i dont know so i am asking

 

davis out

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Is it just me but isn't there less auctions every week? They used to be everyday but as of late they're every other day.

***///

 

We were just about to ask something similar ---   :confused2:

we thought we'd wait and see if RONSCARPA did a fly-by today !   :eagle:

 

(not that we couldn't look it up ourselves... we're just spoiled here !) :)

(and not that it matters at all, according to some...)

 

The Iraqi business week is our Sunday through Thursday.  If I understand correctly, the CBI has had daily currency auctions every week day (5 - our Sunday through Thursday) except for their holidays.

 

Hopefully, daily currency auctions will be a thing of the past soon!

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