Currency Auctions
Announcement No. (1861)

The latest daily currency auction was held in the Central Bank of Iraq on the 24-MAR-2011. The results were as follows:

DETAILS NOTES
Number of banks 16
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ -----
Amount sold at auction price (US$) 113,975,000
Amount purchased at Auction price (US$) -----
Total offers for buying (US$) 113,975,000
Total offers for selling (US$) -----
Exchange rates

Dollar's exchange rates / in Baghdad markets

http://www.cbi.iq/index.php?pid=CurrencyAuctions

CBI sells $157 million Wednesday
3/23/2011 4:10 PM

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) sales on Wednesday registered $157.205 million, compared to the previous session’s $193.912 million, at an exchange rate of 1170 Iraqi dinars per dollar.

"The demand hit $3.280 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $153.925 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar," according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 17 banks that participated in today’s session offered to sell dollars.

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

http://en.aswataliraq.info/Default1....&id=141599&l=1