CBI Daily Currency Auction - Thursday - 18 August 2016

[ronscarpa]

Currency Auctions

Announcement No. (3262)

The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Thursday, 18/8/2016 and the results were as follows:

 

DETAILS	NOTES
Number of banks	31
Number of remittance companies	15
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	-----
Amount sold at auction price (US$)	141,350,848
Amount purchased at Auction price (US$)	-----
Total offers for buying (US$)	141,350,848
Total offers for selling (US$)	-----

ADDITIONALLY:
1. Quantity sold to banks from the date of 01.04.2016 until 8.16.2016 ( 19,773,565,067 ) dollars
2. Quantity sold to banks from the date of 01.04.2015 until 8.16.2015 ( 26,833,175,688 ) dollars.
3. Note that:
   * Sarabie amounts transferred to accounts in banks abroad (1190) dinars per dollar. 
   * Cash sales price (1190) dollars Danarlkl dollars.

[Wiljor]

Thank you sir 

[captl1]

Thanks Ron. These auctions really aren't that high considering that there are 31 banks involved. I remember not too long ago when it would be 200,000,000 million with far fewer banks.

[ChuckFinley]

I would like to know the denomination count of these auctions, 5k notes vs 25k etc.. 

[10 YEARS LATER]

. . . and the Beat Goes On - - - 

[sandfly]

I for one will be glad when this goes away 

[captl1]

I agree fly. It won't be long..............

....

 

 

..

[yota691]

Central Bank announces its sales decline for the banks compared to last year

 

 

Economy News / Baghdad ...       The Central Bank of Iraq, Thursday, lower sales for the banks compared to last year to nearly seven million dollars. The bank said in a statement received, "Economy News," a copy of it, that his sales "from dollars to banks reached since the beginning of this year until today 0.19 billion and 773 million and 565 thousand and $ 67." The bank said that "this amount is reduced from what it was on the same date last year in 2015 in which sales reached 26 billion and 833 million and 175 thousand and $ 688."   The bank pointed out that "the sale amounts transferred to accounts in banks abroad, the price is 1190 dinars per dollar, while cash sales price of 1190 dinars per dollar."       mm
Views 84   Date Added 08/18/2016 - 18:26   Last updated 19/08/2016 - 12:45   No. Content 4836