Monday, July 1, 2013

Currency auction results 07/01/2013

Currency auction results

Announcement No. (2415)

The opening of bids for the Commission on the sale and purchase of dollar daily four hundred and two thousand fifteen to buy and sell foreign currency at the Central Bank of Iraq on Monday 07/01/2013 and the results were as follows:

Details Notes
The number of banks contribute to the auction 19
Price basis on which anchored the auction selling dinars / USD 1166
The price at which it auctions Hraoua the satisfaction dinars / USD -----
The amount sold by the bank at auction - USD 222 051 000
The amount purchased by the bank at auction - USD -----
Total Buy Offers - U.S. 222 051 000
Total Sell - USD ----

1. Note that:

  • Price and cash transfers (1179) JD / dollar, including the central bank's commission of $ (13) dinars per dollar.
  • The cash purchase price of U.S. $ (1171) JD / USD.


2. quantity sold in cash in the amount of $ 75.45 million and the quantity sold transfers $ (146 601 000) dollars.

3. receive the central bank a commission of 13 dinars per dollar, with a discount 8 JD / USD amounts purchased that is to say: the purchase price of the dollar cash = (sale price of the dollar cash) - $8.

4. continue the Iraqi Central Bank buying and selling of the dollar The price (1166) and receive the same commission mentioned above. report on the exchange rates of the dollar in the markets of the city of Baghdad.


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