ronscarpa Posted July 8, 2014 Report Share Posted July 8, 2014 Currency AuctionsAnnouncement No. (2717)The latest daily currency auction was held in the Central Bank of Iraq on Tuesday,the 08-07-2014. The results were as follows:DETAILS ------------------&--------------- NOTESNumber of banks --------------------------- 7Auction price selling dinar / US$ --------- 1166Auction price buying dinar / US$ --------- -----Amount sold at auction price (US$) ------ 61,162,000Amount purchased at Auction price (US$) -----Total offers for buying (US$) -------------- 61,162,000Total offers for selling (US$) -------------- -----Exchange rates This has been one of the lowest Auctions I can remember in the last two years...! 2 Link to comment Share on other sites More sharing options...
sandfly Posted July 8, 2014 Report Share Posted July 8, 2014 THANKS Link to comment Share on other sites More sharing options...
sportfisher Posted July 8, 2014 Report Share Posted July 8, 2014 june 1st was 63,000,000 http://www.cbi.iq/documents/CBI_FOREIGN_EXCHANGE_AUCTIONS.pdf Link to comment Share on other sites More sharing options...
EagleEye Posted July 8, 2014 Report Share Posted July 8, 2014 I whole-heartedly agree thanks Ron...let's hope it really means something too !!! Link to comment Share on other sites More sharing options...
sportfisher Posted July 8, 2014 Report Share Posted July 8, 2014 1/2 the usual number of participating banks, only 7 Link to comment Share on other sites More sharing options...
calkid11 Posted July 8, 2014 Report Share Posted July 8, 2014 Thank you Link to comment Share on other sites More sharing options...
dontlop Posted July 8, 2014 Report Share Posted July 8, 2014 Do ya think the banks are running out of dinar to buy the dollars ? Think about it The Kurds have been cut out of the budget for 7 months That's a lot of dinar that isn't out there circulating Not sure how much dinar is channeled to the Sunnis right now The only dollars coming into Iraq are going to the mof central govt thru the oil ministry So ? 1 1 Link to comment Share on other sites More sharing options...
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