Currency auction results
Announcement No. (2538)
Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and thirty-eight after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 26.11.2013 and the results were as follows:
Details | Notes | |
The number of banks contributing to the auction | 21 | |
Price foundation on which successful bidder selling dinars / USD | 1166 | |
The price at which successful bidder Hraoua JD / dollar | ----- | |
The amount sold by the bank at auction - USD | 210 046 000 | |
The amount purchased by the bank at auction - USD | ----- | |
Total Offers to Buy - U.S. | 210 046 000 | |
Total Sell Offers - U.S. | ---- |
1. Note that:
- Cash sales price and remittances (1179) JD / dollar, including the central bank's commission of $ (13) dinars per dollar.
- Cash purchase price of U.S. $ (1171) JD / dollar.
2. quantity sold in the amount of cash (53.12 million) dollars and the quantity sold amount of remittances (156 926 000) dollars.
3. receive the central bank a commission of 13 dinars per dollar, with a discount 8 JD / dollar on the amounts purchased that is to say: the purchase price of the dollar cash = (sale price of the dollar cash) - $8.
4. continue CBI buying and selling of the dollar and the price (1166) and receive the same commission mentioned above.
http://www.cbi.iq/index.php?pid=CurrencyAuctions&lang=ar