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Currency auction results
Announcement No. (2540)
Was the opening of bids for the Commission on the sale and purchase of five hundred dollar daily Forty two thousand to buy and sell foreign currency at the Central Bank of Iraq for the day on Thursday 28/11/2013 The results were as follows:
| Details | Notes | |
| The number of banks contributing to the auction | 16 | |
| 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 | 133 782 000 | |
| The amount purchased by the bank at auction - USD | ----- | |
| Total Offers to Buy - U.S. | 133 782 000 | |
| 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 (24.45 million) dollars and the quantity sold amount of remittances (109 332 000) 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
