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CBI Auction Results for 01-11-2010 Dinar Sales = $200.5 M

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CBI Auction Results for 01-11-2010 Dinar Sales = $200.5 M

Post  chazmaz on Mon Jan 11, 2010 5:53 am

Announcement No.(1568)

The 1568 daily currency auction was held in the Central Bank of Iraq day Monday 11-1-2010 so the results were as follows :

Details Notes

Number of banks 15

Auction price selling dinar / US $ 1170
Auction price buying dinar / US $ -----

Amount sold at auction price (US $) 200.510.000
Amount purchased at Auction price (US $) -----

Total offers for buying (US $) 200.510.000
Total offers for selling (US $) -----

http://www.cbi.iq/exchangerate.html

chazmaz
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Re: CBI Auction Results for 01-11-2010 Dinar Sales = $200.5 M

Post  chazmaz on Mon Jan 11, 2010 5:56 am

Demand for IQD notes (the cash portion of the auction) remains high.

Dollar sales higher in CBI’s Mon auction

January 11, 2010 - 09:49:27

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales jumped to $200,510 million in its daily auction on Monday, compared to $159.045 million during the previous session.

“The demand hit $19.030 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $181.480 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 15 banks that participated in today’s session offered to sell dollars.

The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

SS (P)

http://en.aswataliraq.info/?p=125010

chazmaz
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