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Found 79 results

  1. Currency Auctions Announcement No. (2532) The latest daily currency auction was held in the Central Bank of Iraq on Monday, the 18th-Nov-2013.The results were as follows: DETAILS ------------------ & ----------------- NOTES Number of banks ----------------------------- 22 Auction price selling dinar / US$ ---------- 1166 Auction price buying dinar / US$ ---------- ----- Amount sold at auction price (US$) ------- 241,118,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 241,118,000 Total offers for selling (US$) --------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  2. Currency Auctions Announcement No. (2526) The latest daily currency auction was held in the Central Bank of Iraq on Sunday, the 10-Nov-2013. The results were as follows: DETAILS ----------------- & ------------------- NOTES Number of banks ------------------------------ 22 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) -------- 208,125,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ---------------- 208,125,000 Total offers for selling (US$) ---------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets With all the gurus saying that we'll see the RV released today after the special meeting of Parliament at the CBI with Maliki, this Auction would tend to disprove those rumors. As I've said all along, we need to see the conditions of Erbil met for the stability they want prior to the event. JMHO...
  3. Currency Auctions Announcement No. (2525) The latest daily currency auction was held in the Central Bank of Iraq on Saturday, the 9-Nov-2013. The results were as follows: DETAILS ----------------- & ------------------- NOTES Number of banks ------------------------------ 21 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) ------- 186,945,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 186,945,000 Total offers for selling (US$) ---------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets The Daily Auctions continue, which appears to disqualify any claims of an RV having already occurred. We will know more tomorrow, since they are saying it will be "revealed" on Sunday...! Be Blessed & have a good weekend...
  4. Currency Auctions Announcement No. (2523) The latest daily currency auction was held in the Central Bank of Iraq on Thursday, the 7-Nov-2013. The results were as follows: DETAILS ------------------- & ----------------- NOTES Number of banks ------------------------------ 20 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) -------- 205,373,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ---------------- 205,373,000 Total offers for selling (US$) ---------------- ----- ---------------------------------------------------------------------------------------------------------------------------------------------- Announcement No. (2524) The latest daily currency auction was held in the Central Bank of Iraq for Tuesday, the 5-Nov-2013 which was performed on Thursday, 7-11-2013. The results were as follows: DETAILS ------------------ & ------------------- NOTES Number of banks ------------------------------- 17 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ------------ ----- Amount sold at auction price (US$) -------- 140,121,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ---------------- 140,121,000 Total offers for selling (US$) ----------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets Another unusual Double Daily Auction was held today. An Auction was held for today, 7 November & another Auction was held in retrospect for Tuesday, 5 November - the Arabic New Year Holiday. This is extremely unusual, and follows a month after they held Double Auctions for the EID Feast the 5 business days prior to their Feast. I'm not sure exactly what it all means, but it certainly is drawing more IQD out of the Iraqi marketplace. Something is happening - so, keep the Faith...! Be Blessed everyone ..... RON
  5. Currency Auctions Announcement No. (2522) The latest daily currency auction was held in the Central Bank of Iraq on Wednesday, the 6-Nov-2013. The results were as follows: DETAILS ----------------- & ---------------- NOTES Number of banks --------------------------- 18 Auction price selling dinar / US$ ---------- 1166 Auction price buying dinar / US$ ---------- ----- Amount sold at auction price (US$) ------- 182,761,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) -------------- 182,761,000 Total offers for selling (US$) -------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets The Daily Currency Auction resumed today, after the New Year holiday. We continue to wait for the CBI to take the appropriate steps to RV their currency.
  6. Currency Auctions Announcement No. (2521) The latest daily currency auction was held in the Central Bank of Iraq on Monday, the 4-Nov-2013. The results were as follows: DETAILS ------------------- & ----------------- NOTES Number of banks ------------------------------ 20 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) -------- 227,045,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ---------------- 227,045,000 Total offers for selling (US$) ---------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  7. Currency Auctions Announcement No. (2519) The latest daily currency auction was held in the Central Bank of Iraq on Saturday, the 2-Nov-2013 and the port on Sunday, the 3-Nov-2013 - The results were as follows: DETAILS ---------------- & ---------------- NOTES Number of banks -------------------------- 20 Auction price selling dinar / US$ --------- 1166 Auction price buying dinar / US$ --------- ----- Amount sold at auction price (US$) ------ 176,391,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ------------- 176,391,000 Total offers for selling (US$) ------------- ----- ----------------------------------------------------------------------------------------------------------------- Announcement No. (2520) The latest daily currency auction was held in the Central Bank of Iraq on Sunday, the 3-Nov-2013. The results were as follows: DETAILS ---------------- & ----------------- NOTES Number of banks --------------------------- 16 Auction price selling dinar / US$ ---------- 1166 Auction price buying dinar / US$ ---------- ----- Amount sold at auction price (US$) ------ 12,314,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) -------------- 212,314,000 Total offers for selling (US$) -------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets CBI Daily Currency Auctions were posted for two days at one time on the CBI website...This is unusual, but follows in the style of the double Auctions on one day for two calander days to cover the days of the EID Feast...! We continue to wait for the necessary Laws get passed in Parliament, before we will see an RV of the IQD/IQN Currency. RON
  8. Currency Auctions Announcement No. (2518) The latest daily currency auction was held in the Central Bank of Iraq on Thursday, the 31-Oct-2013 . The results were as follows: DETAILS -------------------- & ------------------- NOTES Number of banks --------------------------------- 22 Auction price selling dinar / US$ -------------- 1166 Auction price buying dinar / US$ -------------- ----- Amount sold at auction price (US$) ---------- 185,732,000 Amount purchased at Auction price (US$) -- ----- Total offers for buying (US$) ------------------ 185,732,000 Total offers for selling (US$) ------------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  9. Currency Auctions Announcement No. (2517) The latest daily currency auction was held in the Central Bank of Iraq on Wednesday, the 30-Oct-2013 . The results were as follows: DETAILS --------------------- $ -------------------- NOTES Number of banks ---------------------------------- 20 Auction price selling dinar / US$ -------------- 1166 Auction price buying dinar / US$ -------------- ----- Amount sold at auction price (US$) ---------- 216,640,000 Amount purchased at Auction price (US$) -- ----- Total offers for buying (US$) -------------------- 216,640,000 Total offers for selling (US$) -------------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  10. Currency Auctions Announcement No. (2516) The latest daily currency auction was held in the Central Bank of Iraq on Tuesday, the 29-Oct-2013 . The results were as follows: DETAILS--------------------&-------------------- NOTES Number of banks ------------------------------- 17 Auction price selling dinar / US$ ------------1166 Auction price buying dinar / US$ ------------ ----- Amount sold at auction price (US$) -------- 194,081,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ----------------- 194,081,000 Total offers for selling (US$) ----------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  11. Currency Auctions Announcement No. (2515) The latest daily currency auction was held in the Central Bank of Iraq on Monday, the 28-Oct-2013 . The results were as follows: DETAILS -------------------- & ---------------------- NOTES Number of banks ------------------------------------ 22 Auction price selling dinar / US$ ---------------- 1166 Auction price buying dinar / US$ ---------------- ----- Amount sold at auction price (US$) ------------ 245,105,000 Amount purchased at Auction price (US$) --- ----- Total offers for buying (US$) --------------------- 245,105,000 Total offers for selling (US$) --------------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets Today's Auction is one of the highest in recent weeks, with 22 Banks participating.....still waiting for required Laws and Erbil conditions implemented...! Be Blessed everyone........RON
  12. Currency Auctions Announcement No. (2514) The latest daily currency auction was held in the Central Bank of Iraq on Sunday, the 27-Oct-2013 . The results were as follows: DETAILS ----------------- & -------------------- NOTES Number of banks -------------------------------- 19 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ------------ ----- Amount sold at auction price (US$) -------- 192,956,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ------------------ 192,956,000 Total offers for selling (US$) ------------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  13. Currency Auctions Announcement No. (2513) The latest daily currency auction was held in the Central Bank of Iraq on Saturday, the 26-Oct-2013 . The results were as follows: DETAILS ----------------- & ---------------------- NOTES Number of banks -------------------------------- 19 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ------------ ----- Amount sold at auction price (US$) -------- 179,013,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ----------------- 179,013,000 Total offers for selling (US$) ----------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets And the auctions resume...! We continue to wait for the implementation of the conditions of the Erbil agreement, and the passing of specific required laws like the Tax & Tariff, Amnesty, banking resolution...but we are close...!
  14. Currency Auctions Announcement No. (2511) The latest daily currency auction was held in the Central Bank of Iraq on Wednesday, the 23-Oct-2013 . The results were as follows: DETAILS -----------------&---------------- NOTES Number of banks --------------------------------12 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) -------- 163,229,000 Amount purchased at Auction price (US$). ----- Total offers for buying (US$) ------------------ 163,229,000 Total offers for selling (US$) ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  15. Currency Auctions Announcement No. (2510) The latest daily currency auction was held in the Central Bank of Iraq on Tuesday, the 22nd-Oct-2013 . The results were as follows: DETAILS -------------------&-------------------- NOTES Number of banks ------------------------------- 12 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) ------- 141,749,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 141,749,000 Total offers for selling (US$) --------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  16. Currency Auctions Announcement No. (2496) The latest daily currency auction was held in the Central Bank of Iraq on Sunday, the 6th-Oct-2013 . The results were as follows: DETAILS ------------------- & ----------------- NOTES Number of banks ----------------------------- 18 Auction price selling dinar / US$ ---------- 1166 Auction price buying dinar / US$ ---------- ----- Amount sold at auction price (US$) ------- 174,777,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ---------------- 174,777,000 Total offers for selling (US$) ---------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  17. Greetings, Dinar Exchange Rate Linked to Oil Exports, Federal Reserves According to an Iraqi financial expert, the value of Iraq’s federal reserves currently amounts to about $80 billion, following the recent increase in the country’s oil exports On how the reserves are formed, Asadi said, “Iraq’s annual budget is in Iraqi dinars, which the CBI owns. The state’s revenues are from oil exports, and they are mostly in US dollars. The government buys dinars from the bank, which results in profits for the bank. … The total CBI profits from selling dinars to the state constitute the country’s federal reserve, whose growth is associated with state spending. State spending increases in proportion with its oil exports With the expected increase in Iraq’s oil exports in the near future, the country’s reserves are likely to grow to a large extent in the coming years. Iraqi MP Abdul Hussein Abtan, who is a member of the parliamentary economic committee, said to Al-Monitor, “The total value of funds and precious metals that make up Iraq’s federal reserves amounts to about $76 billion.” He added, “This reserve was only invested in projects to support the stability of the Iraqi dinar’s exchange rate.” Abtan also talked about the currency auction, where the bank is putting up amounts of US dollars in cash for auction three times per week, to provide hard currency for traders and suppliers. Sincerely, BradyBear
  18. Well everyone, the CBI had another double Auction ... all the dates of the EID Feast are now covered except Friday, the 18th of October. I'm not sure what this might mean for the potential of the CBI increasing the value of the IQD. Currency Auctions Announcement No. (2506) The latest daily currency auction was held in the Central Bank of Iraq on Monday, the 14-Oct-2013 . The results were as follows: DETAILS ------------------ & ---------------- NOTES Number of banks ------------------------------ 20 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) ------- 221,570,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 221,570,000 Total offers for selling (US$) --------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets ------------------------------------------------------------------------------------------------------------------------------------------------ Announcement No. (2507) The latest daily currency auction was held in the Central Bank of Iraq on the 16-Oct-2013 and who carried on Monday, 14-Oct-2013. The results were as follows: DETAILS ------------------- & ------------------ NOTES Number of banks ------------------------------ 16 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) -------- 132,622,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ---------------- 132,622,000 Total offers for selling (US$) ---------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  19. Another double Auction. It does appear that they are covering the days of their Eid Feast.by having the second auction...! Have a great Sunday .... RON Currency Auctions Announcement No. (2504) The latest daily currency auction was held in the Central Bank of Iraq on Sunday, the 13-Oct-2013 . The results were as follows: DETAILS ------------------ & ----------------- NOTES Number of banks ----------------------------- 20 Auction price selling dinar / US$ ---------- 1166 Auction price buying dinar / US$ ---------- ----- Amount sold at auction price (US$) ------- 227,163,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 227,163,000 Total offers for selling (US$) --------------- ----- --------------------------------------------------------------------------------------------------------------------------------------------- Announcement No. (2505) The latest daily currency auction was held in the Central Bank of Iraq on the 15-Oct-2013 and who carried on Sunday, 13-Oct-2013. The results were as follows: DETAILS ---------------- & ------------------ NOTES Number of banks ---------------------------- 16 Auction price selling dinar / US$ ---------- 1166 Auction price buying dinar / US$ ---------- ----- Amount sold at auction price (US$) ------- 146,980,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 146,980,000 Total offers for selling (US$) --------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  20. Well, they did it again.....a double Auction with differing dates...! I'm suspecting that these second Auctions are supposedly substitutes for thos that werte to be taken during their upcoming Feast of Eid. JMHO...! Currency Auctions Announcement No. (2502) The latest daily currency auction was held in the Central Bank of Iraq on Saturday, the 12-Oct-2013 . The results were as follows: DETAILS ------------------&----------------- NOTES Number of banks ------------------------------ 22 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) --------165,470,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 165,470,000 Total offers for selling (US$)---------------- ----- ----------------------------------------------------------------------------------------------------------------------------------------------- Announcement No. (2503) The latest daily currency auction was held in the Central Bank of Iraq on the 19-Oct-2013 and was carried out on 12-Oct-2013. The results were as follows: DETAILS ------------------&---------------- NOTES Number of banks ----------------------------- 12 Auction price selling dinar / US$ ---------- 1166 Auction price buying dinar / US$ ---------- ----- Amount sold at auction price (US$) ------- 128,830,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 128,830,000 Total offers for selling (US$) --------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  21. Currency Auctions Announcement No. (2499) The latest daily currency auction was held in the Central Bank of Iraq on Wednesday, the 9th-Oct-2013 . The results were as follows: DETAILS ------------------- & ------------------ NOTES Number of banks ------------------------------- 15 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ------------ ----- Amount sold at auction price (US$) --------- 134,514,000 Amount purchased at Auction price (US$) - ----- Total offers for buying (US$) ----------------- 134,514,000 Total offers for selling (US$) ----------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  22. Currency Auctions Announcement No. (2498) The latest daily currency auction was held in the Central Bank of Iraq on Tuesday, the 8th-Oct-2013 . The results were as follows: DETAILS --------------------&------------------ NOTES Number of banks ------------------------------ 21 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) ------- 192,030,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) --------------- 192,030,000 Total offers for selling (US$) ---------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  23. Currency Auctions Announcement No. (2497) The latest daily currency auction was held in the Central Bank of Iraq on Monday the 7th-Oct-2013 . The results were as follows: DETAILS ------------------- & ------------------ NOTES Number of banks ------------------------------- 22 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) -------- 219,876,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ---------------- 219,876,000 Total offers for selling (US$) ---------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  24. Currency Auctions Announcement No. (2495) The latest daily currency auction was held in the Central Bank of Iraq on Saturday, the 5th-Oct-2013 . The results were as follows: DETAILS --------------------&-------------------- NOTES Number of banks -------------------------------- 19 Auction price selling dinar / US$ ------------ 1166 Auction price buying dinar / US$ ------------ ----- Amount sold at auction price (US$) -------- 152,487,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ----------------- 152,487,000 Total offers for selling (US$) ------------------ ----- Exchange rates Dollar's exchange rates / in Baghdad markets
  25. Currency Auctions Announcement No. (2493) The latest daily currency auction was held in the Central Bank of Iraq on Wednesday, the 2nd-Oct-2013 . The results were as follows: DETAILS ------------------ & ------------------- NOTES Number of banks------------------------------- 18 Auction price selling dinar / US$ ----------- 1166 Auction price buying dinar / US$ ----------- ----- Amount sold at auction price (US$) ------- 159,276,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) ----------------- 159,276,000 Total offers for selling (US$) ----------------- ----- Exchange rates Dollar's exchange rates / in Baghdad markets
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