
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on March 4 registered $199,681,501 in sales, a 1.43% volume increase from the US $196,868,397 sold by Iraqi Dinar, credit and transfer at the previous auction held on March 1.
The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on March 4 compared to the previous auction.
Data for the March 4 auction was made public by CBI Announcement Number 3647.
Dollar sales in the in the period January 1, 2018 to March 4, 2018 saw an increase of -1% compared to the sales of US $6.38 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.
An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to March 2018, sales of US dollars averaged US $1.77 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.
| Year |
Month |
US dollar sales in billions |
Increase/(decrease) compared to the previous month |
|---|
| 2017 |
January |
2.2 |
– |
| 2017 |
February |
2 |
-9% |
| 2017 |
March |
2.1 |
5% |
| 2017 |
April |
1.8 |
-14% |
| 2017 |
May |
2.3 |
28% |
| 2017 |
June |
0.6 |
-74% |
| 2017 |
July |
2.2 |
267% |
| 2017 |
August |
2.1 |
-5% |
| 2017 |
September |
1 |
-52% |
| 2017 |
October |
2.2 |
120% |
| 2017 |
November |
1.9 |
-14% |
| 2017 |
December |
1.9 |
0% |
| 2018 |
January |
2.2 |
16% |
| 2018 |
February |
2 |
-9% |
| 2018 |
March |
0.1 |
-95% |
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تاريخ: يکشنبه
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