ssmith Posted January 18, 2012 Report Share Posted January 18, 2012 So. Humans are to conclude. This is the New IMF programmed Rate. The CBI is testing electronic systems. The IMF was seeking reaction to a subtle rate change. We continue to see increases randomly. Pick one. Or More. Or None. At least we see they know how to raise the IQD; I was starting to believe they didn't know where the button was... Hit the RV button and let's get happy.. 1 Link to comment Share on other sites More sharing options...
Duckhead Posted January 18, 2012 Report Share Posted January 18, 2012 Thanks 40oz tried for 10 minutes to do that... It may only be $4. but tomorrow may be down a $1000... pull out the rally caps and keep everything crossed, not sure how long it will take to get where we are going but at least it's moving....GO RV... Thanks for posting. It actually was 1166 yesterday too but the indicative rate page wasnt updated for the 17th. Yesterday's auction was also at 1166. It's at least a change. Thanks again Link to comment Share on other sites More sharing options...
Patriotic_mess Posted January 18, 2012 Report Share Posted January 18, 2012 So. Humans are to conclude. This is the New IMF programmed Rate. The CBI is testing electronic systems. The IMF was seeking reaction to a subtle rate change. We continue to see increases randomly. Pick one. Or More. Or None. Do you think this is a set rate or do you think they may let it ride the market value? I guess we will know the answer in the next few days. 1 Link to comment Share on other sites More sharing options...
redsand Posted January 18, 2012 Report Share Posted January 18, 2012 Do you think this is a set rate or do you think they may let it ride the market value? I guess we will know the answer in the next few days. Its all about the "shake" of the market value. Picture a soda can...it shakes a little. Shake it a little more and eventually it will explode. I understand that sometimes it takes years to see a change...3 years in fact. But times are different in Iraq. Its at the brink of something. 3 Link to comment Share on other sites More sharing options...
cgbrown Posted January 18, 2012 Report Share Posted January 18, 2012 Only time will tell if it is significant. 1 Link to comment Share on other sites More sharing options...
CemsGuy Posted January 18, 2012 Report Share Posted January 18, 2012 Just in case it goes away... 2 Link to comment Share on other sites More sharing options...
Stryker365 Posted January 18, 2012 Report Share Posted January 18, 2012 Its all about the "shake" of the market value. Picture a soda can...it shakes a little. Shake it a little more and eventually it will explode. I understand that sometimes it takes years to see a change...3 years in fact. But times are different in Iraq. Its at the brink of something. Good morning my red headed friend from the north east........hey Redsand it is interesting that the Buy rate has not changed or has it? 1 Link to comment Share on other sites More sharing options...
redsand Posted January 18, 2012 Report Share Posted January 18, 2012 Good morning my red headed friend from the north east........hey Redsand it is interesting that the Buy rate has not changed or has it? Good morning Stryker! Im thinking its not a glitch after atleast 10 hours from the auction results so its looking good. While its about $4 difference, its a FLOATING sign of something good to come. Unless its not a glitch of some sort, the buy rate has changed. Interesting indeed. IRAQ HAS LEFT A FLOATER AND ITS STARTING TO SINK. (and stink) Ill now be watching this more often since Im starting a landscaping business and I need to get my legal affairs in order with a lot of paperwork here in Connecticut. I've been reading a lot of you and everyone else's deciphering. Haven't been able to chime in much. *** Everything is more difficult up here it seems trying to start a small business. But now I get to watch the computers a little more until the grass starts to grow. 1 Link to comment Share on other sites More sharing options...
MGRMGRMBR Posted January 18, 2012 Report Share Posted January 18, 2012 It will be interesting to see what Adam thinks....side note this could be the gradual increase in value we have heard so much about. Like everyone is saying, we'll see. Of course it could be Iraq just messing with us! Link to comment Share on other sites More sharing options...
Canuklady Posted January 18, 2012 Report Share Posted January 18, 2012 Thanks for posting Gooserider! This is getting exciting! Link to comment Share on other sites More sharing options...
Stryker365 Posted January 18, 2012 Report Share Posted January 18, 2012 Good morning Stryker! Im thinking its not a glitch after atleast 10 hours from the auction results so its looking good. While its about $4 difference, its a FLOATING sign of something good to come. Unless its not a glitch of some sort, the buy rate has changed. Interesting indeed. IRAQ HAS LEFT A FLOATER AND ITS STARTING TO SINK. (and stink) Ill now be watching this more often since Im starting a landscaping business and I need to get my legal affairs in order with a lot of paperwork here in Connecticut. I've been reading a lot of you and everyone else's deciphering. Haven't been able to chime in much. *** Everything is more difficult up here it seems trying to start a small business. But now I get to watch the computers a little more until the grass starts to grow. I agree, if it was a glitch it would have been corrected by now. Good luck one your new endeavor, wish you all the best. I have several friends in that business, one is in Boston and during the winter they keep busy doing snow removal. I go there once a year for a week in the summer and we travel somewhere different every time and spend that week playing some of the nicest golf courses, places like Main, the Cape and Vermont. We have spent time at Mohican Sun casino and yes lost money but we had a good time doing it. Link to comment Share on other sites More sharing options...
redsand Posted January 18, 2012 Report Share Posted January 18, 2012 I agree, if it was a glitch it would have been corrected by now. Good luck one your new endeavor, wish you all the best. I have several friends in that business, one is in Boston and during the winter they keep busy doing snow removal. I go there once a year for a week in the summer and we travel somewhere different every time and spend that week playing some of the nicest golf courses, places like Main, the Cape and Vermont. We have spent time at Mohican Sun casino and yes lost money but we had a good time doing it. Next time you go, let me know! Im only 30 minutes away from Mohegan...we'll play with our RV money. Link to comment Share on other sites More sharing options...
DinarStudent Posted January 18, 2012 Report Share Posted January 18, 2012 Question, did any of the other currencies change along with the USD? Or was it the only one that changed? Link to comment Share on other sites More sharing options...
SocalDinar Posted January 18, 2012 Report Share Posted January 18, 2012 Might be posted. I don't know how to read this stuff. I Must of missed that day of school, Not that i ever skipped school. I Have not seen this update from 17/1/2012 on DV . Whats the difference of this CBI auction with the Currency auctions. CBI Auctions The Central Bank of Iraq issues CBI bills and has adopted a mechanism that will be applied periodically. The results will be announced at 11 am after the closing time of the auction which is at 10 am. Announcement Number (C50) 17-Jan-2012 The auction No. C50 for Central Bank of Iraq bills based on a uniform price auction for IQD 150'000'000'000 par value was concluded on the 17-1-2012. The total public bidding is IQD 184'500'000'000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.90%. Details (amount in Iraqi Dinars) Notes Securities Offered Discount Total Offerings 150'000'000'000 Total Public Bidding 184'500'000'000 Pricing Uniform Term of Security (days) 91 Settlement Date 18-1-2012 Maturity Date 18-4-2012 Competitive Bidders 7 Winning Bidder 6 Total Valid Competitive Bids 184'500'000'000 Total competitive Bids Awarded 150'020'000'000 Range of Yields for Valid Competitive Bids [4.00%-7.50%] Cutoff Yield (%) 5.90 Bids Received as % of Amount Offered 123.00 Details of the auctions http://www.cbi.iq/index.php?pid=CbiAuctions Link to comment Share on other sites More sharing options...
Stryker365 Posted January 18, 2012 Report Share Posted January 18, 2012 (edited) Next time you go, let me know! Im only 30 minutes away from Mohegan...we'll play with our RV money. I knew I spelt that wrong, you got it but I hope to see you in Vegas first to spend some of that RV dough.. Wow i need to go back to school...sorry.. Edited January 18, 2012 by Stryker365 Link to comment Share on other sites More sharing options...
Carrello Posted January 18, 2012 Report Share Posted January 18, 2012 (edited) I think the IQD is just reflecting changes in the USD. Is this really significant? JMHO No. The dollar is spiking - up. Therefore, the IQD becomes more valuable When a change takes place, it will not be "gradual", it will hit like a tsunamai. An RV is exactly that: a revaluation. It is not a sliding rate, it is not growing into an RV. Look for a tsunamai, and then hold on, because the rumble will knock you off your feet. Damn thought I was doing my do diligents.. I wasn't up late last night like I will be for the next couple but hopefully It will begin to move in our favor...I checked the Emirates NBD bank currency exchange rate board and saw the IQD buying @ 1184.83 and selling @ 1158.35 to the USD... so things are happening...GO RV... Thank you for your post and your due diligence. We are all very excited and looking for clues. Edited January 18, 2012 by Carrello 2 Link to comment Share on other sites More sharing options...
kid4dinar Posted January 18, 2012 Report Share Posted January 18, 2012 easyrider the reason for the small change in my opinion is because the U.S dollar is flooding the iraqi markets right now and its putting the dinar stability in jeopardy. This is just temperary folks nothing to be concerned about to counter what is going on with the recent action with the U.s dollar nothing more. Of course we wil all know the true rate when they actually implement the new budget. Read more: http://dinarvets.com/forums/index.php?/topic/100764-cbi-website-update-180112-small-change/#ixzz1joxujG4j If the dinar instability was in jeopardy, wouldn't it gone the other direction. this is way the cbi can re buy back usd with iqd and put the dinar back on the streets with maybe the release of lower denoms. Maybe? Just thinking out loud.. 1 Link to comment Share on other sites More sharing options...
Carrello Posted January 18, 2012 Report Share Posted January 18, 2012 easyrider the reason for the small change in my opinion is because the U.S dollar is flooding the iraqi markets right now and its putting the dinar stability in jeopardy. This is just temperary folks nothing to be concerned about to counter what is going on with the recent action with the U.s dollar nothing more. Of course we wil all know the true rate when they actually implement the new budget. Read more: http://dinarvets.com/forums/index.php?/topic/100764-cbi-website-update-180112-small-change/#ixzz1joxujG4j If the dinar instability was in jeopardy, wouldn't it gone the other direction. this is way the cbi can re buy back usd with iqd and put the dinar back on the streets with maybe the release of lower denoms. Maybe? Just thinking out loud.. Yes, it would go in the other direction. If anything becomes unstable, it does not become more valuable. 1 Link to comment Share on other sites More sharing options...
Jac Posted January 18, 2012 Report Share Posted January 18, 2012 (edited) The cbi website has been updated with small increase sell 1166 buy 1164. why such a small change? Bring on the true RV stop playing and get er done. http://www.cbi.iq/ I also saw this change at 5:30 AM in my time zone when I checked CBI site. I was not impressed and just exhaled. We are not there yet but things are changing. I know certainly that this will not be our revaluation exchange rate however someone over there is an expert in throwing up the veils of secrecy. I find it interesting that CBI is publicly teasing the world especially right now God Bless America!. Edited January 18, 2012 by Jac Link to comment Share on other sites More sharing options...
DinarBot Posted January 18, 2012 Report Share Posted January 18, 2012 Do you think this is a set rate or do you think they may let it ride the market value? I guess we will know the answer in the next few days. Seems more of a test then anything else. On more than one front. 4 Pips hardly worth while. Although significant in some ways. We wait. Then Pounce. Like Tigger. TTFN. Link to comment Share on other sites More sharing options...
harleyharryfl Posted January 18, 2012 Report Share Posted January 18, 2012 Maybe its doing test to see if the RV button still works it hasn't been used in so long.....LOL ...........GO RV THE BUTTON IS WORKING>>>>>> 3 Link to comment Share on other sites More sharing options...
Alex38 Posted January 18, 2012 Report Share Posted January 18, 2012 Wild! Link to comment Share on other sites More sharing options...
carlablum Posted January 18, 2012 Report Share Posted January 18, 2012 There are a couple threads pertaining to the CBI Update. I will merge them so we can be able to see all of our comments in one thread. Thank you for the post!!!! Link to comment Share on other sites More sharing options...
stmbulldogs Posted January 18, 2012 Report Share Posted January 18, 2012 http://www.cbi.iq/ Well people, I hope it is dollar movement, but the rate did change on cbi website. We really made some money. 2 2 Link to comment Share on other sites More sharing options...
Abarvets Posted January 18, 2012 Report Share Posted January 18, 2012 Seems more of a test then anything else. On more than one front. 4 Pips hardly worth while. Although significant in some ways. We wait. Then Pounce. Like Tigger. TTFN. Thanks DinarBot! Love Tigger. Link to comment Share on other sites More sharing options...
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