currency auction

[carlablum]

Announcement No. (1738)

The latest daily currency auction was held in the Central Bank of Iraq on the 21-SEP-2010. The results were as follows:

Details Notes

Number of banks 19

Auction price selling dinar / US$ 1170

Auction price buying dinar / US$ -----

Amount sold at auction price (US$) 251,125,000

Amount purchased at Auction price (US$) -----

Total offers for buying (US$) 251,125,000

Total offers for selling (US$) -----

http://www.cbi.iq/index.php?pid=CurrencyAuctions

[Judo]

Is there a way to tell what denominations they are selling? Maybe they are selling lower denominations.

[muydinar]

Theyre selling usd and buying foreign currency including IQD.

[Judo]

Thanks, It looked to me like they were selling Dinar.