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CBI Daily Currency Auctions - Monday - 23 May 2016

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Currency Auctions

Announcement No. (3204)

The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Monday, 23/5/2016 and the results were as follows:


Number of banks 29
Number of remittance companies 18
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ -----
Amount sold at auction price (US$) 123,214,409
Amount purchased at Auction price (US$) -----
Total offers for buying (US$) 123,214,409
Total offers for selling (US$) -----



1. Quantity sold to banks from the date of 01.04.2016 until 5.23.2016 (11,923,602,867) dollars.

2. Quantity sold to banks from the date of 01.04.2015 until 5.23.2016 (11,812,805,149) 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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History of edits:: 05/23/2016 15:01 • 128 visits readable
Central sales rise today to $ 123 million
[Oan- Baghdad] 
recorded sales of the Iraqi Central Bank, on Monday, a slight rise in weekly auction for the sale of foreign currency, the sale of $ 123 million, having sold Sunday, $ 122 million.
The bank said in a statement received by all of Iraq [where] a copy of the "size of the amount sold today reached 123 million, 214 thousand, and $ 409, priced at 1182 dinars exchange rate against the dollar, and with the participation of 29 banks and 18 financial transfer company." 
He explained that " the size of the amount of remittances and credits amounted to 112 million and 214 thousand, and $ 409, while the quantity sold in cash $ 11 million. " 
He said the bank that" the amounts transferred to the accounts of banks selling abroad is priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollars. " 
the statistical interview [where] around the central sales in the first trimester of this year, in January, February, March, April, and amounted to 10 billion and 118 million and 308 000 and $ 524, an approach to imports of Iraqi oil in the same period, reaching 10 billion and 748 million dollars. 
the record difference in favor of higher oil imports valued at 629 million and 691 thousand and $ 476 compared tosales of the central bank in the first trimester of 2016.
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