The Central Bank Sells More Than $ 178 Million In A Currency Auction

[yota691]

The Central Bank Sells More Than $ 178 Million In A Currency Auction

Last updated Nov 4, 2020

central bank

Al-Mustaqila .. The Central Bank of Iraq announced the sale of 178.350,000 million dollars within the currency sale window today, Wednesday.

He explained that the amounts of strengthening foreign assets amounted to 161,000,000 million dollars, distributed among 36 banks that participated in the auction today.

With total cash sales of $ 17,350,000 million.

 

The bank said in a statement that the sale price of the sums transferred to bank accounts abroad is (1190) dinars per dollar. The  cash sale price is (1190) dinars per dollar.

The statement showed the participation of 17 banks in the currency auction for this day, while the number of participating banks to meet the requests to enhance assets abroad reached 36 banks, in addition to 8 exchange companies.

The total number of mediation companies participating in the currency auction reached 280 companies.

[Johnny Dinar]

Another day another auction... Ugh...

[yota691]

The results of the foreign currency sale window on Wednesday 11/4/2020 and executed today

 

 

 November 04, 2020
The results of the foreign currency sale window on Wednesday 11/4/2020 and executed today

Advertisement No. (4288)
Sale date -   Wednesday 11/4/2020 and executed today

the details  Amount
Total sale for the purposes of enhancing funds abroad (transfers, credits) 161,000,000 
Total cash sale 17,350,000    
Total total sales 178,350,000    

Note that:

The sale price of the sums transferred to bank accounts abroad is ( 1190 ) dinars per dollar.
The cash sale price is ( 1190 ) dinars per dollar.

 

 

» The Central Bank of Iraq sales schedule for foreign currency (amounts in thousands of dollars) Wednesday 11/4/2020 and executed today