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Currency auction results
Announcement No. (2550)
Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and fifty two thousand to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 12.10.2013 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 | 207 178 000 | |
| The amount purchased by the bank at auction - USD | ----- | |
| Total Offers to Buy - U.S. | 207 178 000 | |
| 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 (44.835 million) dollars and the quantity sold in the amount of remittances (162 343 000) 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
