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Currency auction results
Announcement No. (2545)
Was the opening of bids for the Commission on the sale and purchase of five hundred dollar daily and XLV after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday, the day on 04.12.2013 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 | 203 494 000 | |
| The amount purchased by the bank at auction - USD | ----- | |
| Total Offers to Buy - U.S. | 203 494 000 | |
| Total Sell Offers - U.S. | ---- |
1. Note that:
- Sale price of remittances (1179) JD / dollar, including the central bank's commission of $ (13) dinars per dollar.
- Cash sales price of the dollar (1177) JD / dollar, including the central bank's commission in the amount of 11 dinars per dollar, and the cash purchase price (1171) dinars / dollars.
2. quantity sold in the amount of cash (38.675 million) dollars and the quantity sold in the amount of remittances (164 819 000) 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
