CBI Daily Currency Auction - Sunday - 16 October 2016

[ronscarpa]

Currency Auctions

Announcement No. (3297)

The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on Sunday, 16/10/2016 and the results were as follows:

 

DETAILS	NOTES
Number of banks	31
Number of remittance companies	14
Auction price selling dinar / US$	1182
Auction price buying dinar / US$	-----
Amount sold at auction price (US$)	151,722,800
Amount purchased at Auction price (US$)	-----
Total offers for buying (US$)	151,722,800
Total offers for selling (US$)	-----

ADDITIONALLY:
1. Quantity sold to banks from the date of 01.04.2016 until 10.16.2016 ( 24,706,359,809 ) dollars
2. Quantity sold to banks from the date of 01.04.2015 until 10.16.2015 ( 34,361,212,349 ) dollars.
3. Note that:
* Sarabie amounts transferred to accounts in banks abroad (1190) dinars per dollar. 
* Cash sales price (1190) dollars Danarlkl dollars.

[ChuckFinley]

Thanks Ronsarpa. Always like this type of data. Should give us a good idea of how much dinar as been pulled in.

[captl1]

Thanks Ron. These are actually pretty low considering that there are 31 banks.

[sandfly]

Thanks 

[calkid11]

Thank you Ron 

[SocalDinar]

Thanks Ron

The market Rate posted for the 18th is 1297