ronscarpa Posted August 9, 2016 Report Share Posted August 9, 2016 (edited) Currency Auctions Announcement No. (3254) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Monday, 8/8/2016 and the results were as follows: DETAILS NOTES Number of banks 29 Number of remittance companies 16 Auction price selling dinar / US$ 1182 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 142,501,527 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 142,501,527 Total offers for selling (US$) ----- ADDITIONALLY:1. Quantity sold to banks from the date of 01.04.2016 until 8.08.2016 (18,579,168,521) dollars2. Quantity sold to banks from the date of 01.04.2015 until 8.08.2015 (24,030,537,271) dollars.3. Note that: * Sarabie amounts transferred to accounts in banks abroad (1190) dinars per dollar. * Cash sales price (1190) dollars Danarlkl dollars. Edited August 9, 2016 by ronscarpa 4 Quote Link to comment Share on other sites More sharing options...
genx4me Posted August 9, 2016 Report Share Posted August 9, 2016 Thanks Ron! 1 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted August 9, 2016 Report Share Posted August 9, 2016 much obliged Ron, sure would like to see these auctions end soon. 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted August 9, 2016 Report Share Posted August 9, 2016 Thanks Ron. I was hoping it would be lower but the up side is (hopfully ) it is the chuncky stuff coming out from under thei beds. 3 Quote Link to comment Share on other sites More sharing options...
King Bean Posted August 9, 2016 Report Share Posted August 9, 2016 For weeks they were in the $90m range, then all of a sudden back up to $120-150m range. They must be spending a lot on imports. Means less dinar out on the streets. All good IMO. 2 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted August 9, 2016 Report Share Posted August 9, 2016 49 minutes ago, King Bean said: For weeks they were in the $90m range, then all of a sudden back up to $120-150m range. They must be spending a lot on imports. Means less dinar out on the streets. All good IMO. Agreed KB 1 Quote Link to comment Share on other sites More sharing options...
captl1 Posted August 9, 2016 Report Share Posted August 9, 2016 They really are low considering what there is 29 banks involved. 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 9, 2016 Report Share Posted August 9, 2016 The central bank sold more than $ 142 million auction today economy Since 08/08/2016 15:52 pm (Baghdad time) BAGHDAD - balances News It sold the Central Bank, on Monday, more than $ 142 million, in the auction for the sale of foreign currency. According to a statement of the Central Bank it received / balances News /, a copy of which, "The size of the amount sold today reached 142 million, 501 thousand, and $ 527, priced at 1182 dinars exchange rate against the dollar, and with the participation of 29 banks and 16 financial transfer company." The statement added, "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 dollar." He pointed out that "the amount of remittances and credits amounted to 78 million, 106 thousand, and $ 627, while the quantity sold was 20 million in cash and 205,000 dollars" .anthy 29/9 P 3 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted August 9, 2016 Author Report Share Posted August 9, 2016 Thanks Yota...(+1)...RON 1 Quote Link to comment Share on other sites More sharing options...
sandfly Posted August 10, 2016 Report Share Posted August 10, 2016 Thanks 1 Quote Link to comment Share on other sites More sharing options...
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