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pinckie
11-08-2009, 10:18 AM
Iraqi Central Bank auction sale and purchase of foreign currencies Announcement No. (1528)

8--11-2009
Were opened daily auction five hundred and twenty-eighth after the thousand to buy and sell foreign currency in the Central Bank of Iraq day Sunday, 8/11/2009 and the results were as follows: --
The number of banks to contribute to the auction (11)
Price basis on which the successful bidder, selling dinar / U.S. $ 1170
Price basis on which the successful bidder to buy dinars / dollars ......
Amount sold by the bank at auction (U.S. $) 86,105,000
Amount purchased by the bank at auction (dollars) ........
Total Buy Offers (U.S. $) 86,105,000
Total Products (U.S. $) ........
Selling price of remittances (1173) dinars / USD, including the commission of the Central Bank and (3) dinars per dollar.
Cash sales price (1183) dinars / USD, including the central bank and a commission of $ (13) dinars per dollar.
Quantity sold for cash of $ (1,000,000) dollars and the amount of remittances (85,105,000)
The central bank earns a commission of (13) dinars per dollar with a discount (8) KD / USD on the amounts purchased, namely that: the purchase price of U.S. dollars in cash = (sale price of the dollar cash - 8).
Iraqi Central Bank continues to sell and buy the dollar and the price (1170) and earns the same commission mentioned above

http://www.nmc.gov.iq/mnews/2009/11/8_1.htm