1172 until Sunday Dec-14-2008
Announcement No. (1306)
The 1306 daily currency auction was held in the Central Bank of Iraq day Sunday 7-12-2008 so the results were as follows :
Number of banks 10
Auction price selling dinar / US $ 1172
Auction price buying dinar / US $
Amount sold at auction price (US $) 110.505.000
Amount purchased at Auction price (US $)
Total offers for buying (US $) 110.505.000
Total offers for selling (US $)
Central to sell 110 million dollars and prove its rate of exchange until next Sunday
7/12/2008 - 17:18
Baghdad / Iraq votes: sales declined central bank dollar auction for the sale and purchase of foreign currencies, at a meeting today, Sunday, registered volume of demand was 110.5 million dollars, at a time when the bank announced the stabilization of the exchange rate of 1,172 dinars per dollar, even meeting Sunday.
The bulletin issued by the Central Bank received (Voices of Iraq) today, Sunday, a copy of which was that "the total volume of demand for the dollar hit 110 million and 505 thousand dollars at the exchange rate stable on the previous meeting, at 1172 dinars per dollar."
Central also announced installation of "the exchange rate at this meeting of 1172 dinars to the dollar until the close of business on Sunday, the official day on 14/12/2008."
The bulletin showed that demand for the dollar at today's meeting, distributed a 73-million and 805 thousand dollars in cash covered the bank exchange rate of 1,178 dinars per dollar, including the Central Bank and the commission of six dinars to the dollar.
It added that "the value of remittances outside the country of 36 million and 700 thousand dollars, covered the central exchange rate was 1175 dinars, including the Central Bank and the commission of three dinars per dollar."
With did not make any of the 10 banks participating in the auction, offers to sell the dollar.
The central bank held five meetings weekly for the sale and purchase of foreign currencies.
Translated version of http://ar.aswataliraq.info/