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No CBI Daily Currency posted for Saturday, 5 April 2014


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No CBI Daily Currency Auction was posted for Saturday, 5 April 2014 as of 4:34 PM Baghdad local Time.  

 

If an Auction was held, they might post today's Auctions along with Sunday's Auction, as they have done before.

 

Just keeping everyone updated.....Have a blessed Day....RON  :salute: 

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Thanks Ron,

I saw that too this Morning. It will be interesting to see where the Market rate is next week. It went up in value 4 pips on Thursday after the announcemnts regarding the Gold purchased by the Central Bank.The last 3 months at 1222 and now at 1218.  We need to see the confidence at the local level rise before the CBI makes any move on the rate.  Of course this is just my opinion.

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http://www.cbi.iq/documents/CBI_FOREIGN_EXCHANGE_AUCTIONS.pdf


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


http://www.cbi.iq/


Thanks Ron,

I saw that too this Morning. It will be interesting to see where the Market rate is next week. It went up in value 4 pips on Thursday after the announcemnts regarding the Gold purchased by the Central Bank.The last 3 months at 1222 and now at 1218.  We need to see the confidence at the local level rise before the CBI makes any move on the rate.  Of course this is just my opinion.

that market rate is still weaker to the official exchange rate than it has been in the past. 

rate is still 1166.


Thanks Ron...A glimmer of hope...

???

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http://www.cbi.iq/documents/CBI_FOREIGN_EXCHANGE_AUCTIONS.pdf

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

http://www.cbi.iq/

that market rate is still weaker to the official exchange rate than it has been in the past. 

rate is still 1166.

???

Yeah but its stronger than it has been the last three months right???

It was within a  1/2 a percent to the official rate at one time but that was years ago. Just happy to see any movement upward.

Market rate must move before the CBI does anything IMO.  

 

Thanks for posting the links

Edited by SocalDinar
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Yeah but its stronger than it has been the last three months right???

It was within a  1/2 a percent to the official rate at one time but that was years ago. Just happy to see any movement upward.

Market rate must move before the CBI does anything IMO.  

 

Thanks for posting the links

about .3% (3/10 of a %) on the market rate which does flucuates, it is the right direction, but we need to see a way bigger movement in the market, but it must follow a leap in the official exchange rate.  :twothumbs:

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