yota691 Posted January 25, 2012 Report Share Posted January 25, 2012 Currency Auctions Announcement No. (2064) The latest daily currency auction was held in the Central Bank of Iraq on the 25-JAN-2012. The results were as follows: DETAILS NOTES Number of banks 24 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 202,000,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 202,000,000 Total offers for selling (US$) ----- Exchange rates Dollar's exchange rates / in Baghdad markets http://www.cbi.iq/index.php?pid=CurrencyAuctions Copyright © 2012. Central Bank of Iraq. All rights 1 Link to comment Share on other sites More sharing options...
billiebobt Posted January 25, 2012 Report Share Posted January 25, 2012 Well doesnt this seem just a bit odd??? Another Auction to the dollar in zero's. I'm not excited ar anything like that but I'm deffinately a bit curious. 1 Link to comment Share on other sites More sharing options...
Princess DinarTard Posted January 25, 2012 Report Share Posted January 25, 2012 Well doesnt this seem just a bit odd??? Another Auction to the dollar in zero's. I'm not excited ar anything like that but I'm deffinately a bit curious. It's definitely "odd"...in fact to believe so would be an understatement Not sure what to make of it yet but "go RV". 1 Link to comment Share on other sites More sharing options...
Dady_Banker Posted January 25, 2012 Report Share Posted January 25, 2012 I know right! I was thinking well it can't be made up right, different number of banks roughly the same number, it could be coincidence! But for me this is to precise and I'm optimistic that theres pride from a nation ready to change the world (WHILE GRINNING Behind closed doors)! Like knowing something you don't know! 1 Link to comment Share on other sites More sharing options...
yota691 Posted January 25, 2012 Author Report Share Posted January 25, 2012 (edited) Yesterday auction Currency Auctions Announcement No. (2063) The latest daily currency auction was held in the Central Bank of Iraq on the 24-JAN-2012. 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$) 202,710,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 202,710,000 Total offers for selling (US$) ----- Exchange rates Dollar's exchange rates / in Baghdad markets http://www.cbi.iq/in...urrencyAuctions Today Auction Currency Auctions Announcement No. (2064) The latest daily currency auction was held in the Central Bank of Iraq on the 25-JAN-2012. The results were as follows: DETAILS NOTES Number of banks 24 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 202,000,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 202,000,000 Total offers for selling (US$) ----- Exchange rates Central Bank of Iraq. All Edited January 25, 2012 by yota691 1 Link to comment Share on other sites More sharing options...
simon8957 Posted January 25, 2012 Report Share Posted January 25, 2012 WOW..another auction with a big even number and close to the $200 million mark again. This makes a week stright of close to $200 million at the auction with one day being $200 million on the nose...... 1 Link to comment Share on other sites More sharing options...
fnbplanet Posted January 25, 2012 Report Share Posted January 25, 2012 1838 15-Jan 1,205 1,170 231,115 24,500 206,615 1839 16-Jan 1,205 1,170 232,516 19,250 213,266 1840 17-Jan 1,205 1,166 201,290 25,500 175,790 1841 18-Jan 1,199 1,166 200,140 10,750 189,390 1842 19-Jan 1,209 1,166 199,905 5,500 194,405 1843 20-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 1844 21-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 1845 22-Jan 1,199 1,166 200,000 28,250 171,750 1846 23-Jan 1,203 1,166 202,060 19,750 182,310 1847 24-Jan 1,203 1,166 202,710 20,750 181,960 1848 25-Jan 1,205 1,166 202,000 10,750 191,250 Yup, that's a pattern alright! 3 Link to comment Share on other sites More sharing options...
fancy Posted January 25, 2012 Report Share Posted January 25, 2012 Certainly some sort of control and planned out organization over this.............hmmmmm 1 Link to comment Share on other sites More sharing options...
truthful1 Posted January 25, 2012 Report Share Posted January 25, 2012 Its consistency, shows stability in the policy to control the rate. 1 Link to comment Share on other sites More sharing options...
DinarDreamer82 Posted January 25, 2012 Report Share Posted January 25, 2012 How many banks do they have, 24 or 21? Link to comment Share on other sites More sharing options...
fnbplanet Posted January 25, 2012 Report Share Posted January 25, 2012 Very related thread: My link Link to comment Share on other sites More sharing options...
FreckledFuzz Posted January 25, 2012 Report Share Posted January 25, 2012 1838 15-Jan 1,205 1,170 231,115 24,500 206,615 1839 16-Jan 1,205 1,170 232,516 19,250 213,266 1840 17-Jan 1,205 1,166 201,290 25,500 175,790 1841 18-Jan 1,199 1,166 200,140 10,750 189,390 1842 19-Jan 1,209 1,166 199,905 5,500 194,405 1843 20-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 1844 21-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 1845 22-Jan 1,199 1,166 200,000 28,250 171,750 1846 23-Jan 1,203 1,166 202,060 19,750 182,310 1847 24-Jan 1,203 1,166 202,710 20,750 181,960 1848 25-Jan 1,205 1,166 202,000 10,750 191,250 Yup, that's a pattern alright! From the 17th on are pretty round numbers. Almost like someone just typing them in because they look good Link to comment Share on other sites More sharing options...
sportfisher Posted January 25, 2012 Report Share Posted January 25, 2012 How many banks do they have, 24 or 21? here is the list http://www.cbi.iq/index.php?pid=IraqFinancialInst http://www.cbi.iq/index.php?pid=InternationalInst 1 Link to comment Share on other sites More sharing options...
Canuklady Posted January 25, 2012 Report Share Posted January 25, 2012 Thanks Yota and everyone for posting. Something is going on here. I hope it means what I think it means... Link to comment Share on other sites More sharing options...
SocalDinar Posted January 25, 2012 Report Share Posted January 25, 2012 I would say this is odd. Anyone know how these auctions are held? Is it via internet? Is it just computer generated or do a bunch of guys stand there raising their hands? Link to comment Share on other sites More sharing options...
Mazzz27 Posted January 25, 2012 Report Share Posted January 25, 2012 i don't understand how these auctions work Link to comment Share on other sites More sharing options...
keepmwlknfny Posted January 25, 2012 Report Share Posted January 25, 2012 The demand for the USD has gone up considerably because of the restrictions/sanctions being placed on those surrounding countries.....this is why the CBI bought up A LOT of USD and why the exchange rate went up to 1166....they cushioned themselves so as to not affect the reserves they have... 2 2 Link to comment Share on other sites More sharing options...
Darin Posted January 25, 2012 Report Share Posted January 25, 2012 The demand for the USD has gone up considerably because of the restrictions/sanctions being placed on those surrounding countries.....this is why the CBI bought up A LOT of USD and why the exchange rate went up to 1166....they cushioned themselves so as to not affect the reserves they have... You have a source for that? Or you simply just speculating? 2 Link to comment Share on other sites More sharing options...
sportfisher Posted January 25, 2012 Report Share Posted January 25, 2012 You have a source for that? Or you simply just speculating? this has been in the news. Link to comment Share on other sites More sharing options...
Darin Posted January 25, 2012 Report Share Posted January 25, 2012 this has been in the news. USD being shipped to the CBI, yes... But the reasons? Link to comment Share on other sites More sharing options...
zigmeister Posted January 25, 2012 Report Share Posted January 25, 2012 USD being shipped to the CBI, yes... But the reasons? One thing is for sure the truth of the matter won't be in the papers. Link to comment Share on other sites More sharing options...
socaljeepnut Posted January 25, 2012 Report Share Posted January 25, 2012 Hey socaldinar, is that occitillo wells you are at in the picture. Maybe even shell reef? Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted January 25, 2012 Report Share Posted January 25, 2012 i don't understand how these auctions work ***/// ... Iran sez, "hey, we're feelin' the pinch over here from the sanctions!'... Iraq's like, "okay, dudes, no problem, here ya go...." kinda like that.... Link to comment Share on other sites More sharing options...
JWJW11 Posted January 25, 2012 Report Share Posted January 25, 2012 It still does not cease to amaze me just how much faith here at DV is placed in the Iraqi news media. There are things that are simply too sensitive to divulge by any means, let alone a suspect news media, and I cannot see the CBI stopping at anything to prevent a catastrophic informational leak. You mean they wont tell us the truth? Awwww man....now what!?!? Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted January 25, 2012 Report Share Posted January 25, 2012 You mean they wont tell us the truth? Awwww man....now what!?!? ***/// Link to comment Share on other sites More sharing options...
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