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Currency auction results
Announcement No. (2541)
Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and forty-one and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Saturday, a brief summary of 30.11.2013 and the results were as follows:
| Details | Notes | |
| The number of banks contributing to the auction | 18 | |
| 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 | 168 539 000 | |
| The amount purchased by the bank at auction - USD | ----- | |
| Total Offers to Buy - U.S. | 168 539 000 | |
| 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 (33.365 million) dollars and the quantity sold in the amount of remittances (135 174 000) 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
