oleman Posted February 1, 2012 Report Share Posted February 1, 2012 http://www.cbi.iq/index.php?pid=CurrencyAuctions Announcement No. (2069) The latest daily currency auction was held in the Central Bank of Iraq on the 1-FEB-2012. The results were as follows: Details Notes Number of banks 3 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 3,250,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 3,250,000 Total offers for selling (US$) ----- Exchange rates Dollar's exchange rates / in Baghdad markets 13 Link to comment Share on other sites More sharing options...
NathanDrake Posted February 1, 2012 Report Share Posted February 1, 2012 The end is near? 1 Link to comment Share on other sites More sharing options...
lionfish Posted February 1, 2012 Report Share Posted February 1, 2012 This is great! COME ON RV!! 2 Link to comment Share on other sites More sharing options...
thatoneguy Posted February 1, 2012 Report Share Posted February 1, 2012 Link to comment Share on other sites More sharing options...
DEESEAN Posted February 1, 2012 Report Share Posted February 1, 2012 Some body Help I don't know what to do 1 Link to comment Share on other sites More sharing options...
tamiflyer Posted February 1, 2012 Report Share Posted February 1, 2012 http://www.cbi.iq/in...urrencyAuctions Announcement No. (2069) The latest daily currency auction was held in the Central Bank of Iraq on the 1-FEB-2012. The results were as follows: Details Notes Number of banks 3 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 3,250,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 3,250,000 Total offers for selling (US$) ----- Exchange rates Dollar's exchange rates / in Baghdad markets Foreign Exchange Auctions at the market Date-MarketPrice-AuctionPrice-Volume(000USD)-Cash-Trans. 01Feb-1,211-1,166-3,250-250-3,000 This is an eye opener, to say the least. GLTA and Go RV. 1 Link to comment Share on other sites More sharing options...
njuztis Posted February 1, 2012 Report Share Posted February 1, 2012 Tamiflyer, do you know what the "250" amount represents by chance? That seems completely out of sync with the rest of the data in the auction..... Link to comment Share on other sites More sharing options...
tamiflyer Posted February 1, 2012 Report Share Posted February 1, 2012 Tamiflyer, do you know what the "250" amount represents by chance? That seems completely out of sync with the rest of the data in the auction..... I can only guestimate that if you take $3,250,000 IQD and divide it by $250,000 IQD = 13 IQD. Coincidental, perhaps. GLTY and All. Go RV. 1 Link to comment Share on other sites More sharing options...
DetroittoAZ Posted February 1, 2012 Report Share Posted February 1, 2012 Wow!!!!! Link to comment Share on other sites More sharing options...
NathanDrake Posted February 1, 2012 Report Share Posted February 1, 2012 Some body Help I don't know what to do Let's get excited! 1 Link to comment Share on other sites More sharing options...
DEESEAN Posted February 1, 2012 Report Share Posted February 1, 2012 Let's get excited! Thank you good sir....... Link to comment Share on other sites More sharing options...
hammer911 Posted February 1, 2012 Report Share Posted February 1, 2012 This is the smallest I have seen it in 4 years...WOW GO RV!!!~~~ 1 Link to comment Share on other sites More sharing options...
amhvl Posted February 1, 2012 Report Share Posted February 1, 2012 This is the smallest I have seen it in 4 years...WOW GO RV!!!~~~ Me too. 1 Link to comment Share on other sites More sharing options...
DinarWhiz Posted February 1, 2012 Report Share Posted February 1, 2012 Please tell me what I think this means. Please ,Please ,Please!!!!!! 1 Link to comment Share on other sites More sharing options...
ROCKSCISSORSPAPER Posted February 1, 2012 Report Share Posted February 1, 2012 Hmmmmm..................GO RV!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Link to comment Share on other sites More sharing options...
njuztis Posted February 1, 2012 Report Share Posted February 1, 2012 (edited) So going back, it appears the "250" is the cash part of the transaction which may represent 250,000 (not sure but looks that way), the transaction amount was 3,000,000 and the total volume is 3,250,000. It is still very irregular and has not been done like this Dec. of 2010. Don't think it represents an RV, but seeing how low and that it was only 3 banks involved, it could mean they are wrapping things up, but that might just be my wishful thinking. Someone with more knowledge about these auctions would sure be nice to have chime in...... Edited February 1, 2012 by njuztis 2 Link to comment Share on other sites More sharing options...
DinarWhiz Posted February 1, 2012 Report Share Posted February 1, 2012 This is great! COME ON RV!! Why is this Great? Whats it mean? Link to comment Share on other sites More sharing options...
DEESEAN Posted February 1, 2012 Report Share Posted February 1, 2012 This is the smallest I have seen it in 4 years...WOW GO RV!!!~~~ If i had a dollar for every time i hear that i wouldn't need an RV.... Sorry it had to be done.... Don't judge me 5 Link to comment Share on other sites More sharing options...
yota691 Posted February 1, 2012 Report Share Posted February 1, 2012 you reckon they just about suck it all in!! Link to comment Share on other sites More sharing options...
oleman Posted February 1, 2012 Author Report Share Posted February 1, 2012 Well this is just an oleman's but with all of the news about the USD being depleted maybe just maybe they are getting ready to do something in the coming days, It looks like they offered very little for sale today. Who knows, but it is diffently diferent than what we have seen in the past. 1 Link to comment Share on other sites More sharing options...
oleman Posted February 1, 2012 Author Report Share Posted February 1, 2012 OH MY GOSH LOOK HOW TINY IT IS Read more: I had a girlfriend say that once!!!!!!!!!!!!!!!!!!!! :lol: :o lol yeah I thought someone had been watching me in the shower. 4 Link to comment Share on other sites More sharing options...
kid4dinar Posted February 1, 2012 Report Share Posted February 1, 2012 Maybe they had a dead set amount that had to trade and yesterday they came close but not enough. So today the goal had been met. Wala! here it comes. EASY STREET. 3 Link to comment Share on other sites More sharing options...
R Veyron Posted February 1, 2012 Report Share Posted February 1, 2012 With all the positive articles that have been coming out lately, and this, it could be an indicator of a change on the horizon. 1 Link to comment Share on other sites More sharing options...
hammer911 Posted February 1, 2012 Report Share Posted February 1, 2012 If i had a dollar for every time i hear that i wouldn't need an RV.... Sorry it had to be done.... Don't judge me I dont take it personal...we all get out of this what we want.. I choose to side on the law of attraction side.... So I try to attract it and some try to de-tract it if you will...GO RV!!!~~~ 3 Link to comment Share on other sites More sharing options...
Man_Kind Posted February 1, 2012 Report Share Posted February 1, 2012 Go Patriots ! Go RV !!! 2 1 Link to comment Share on other sites More sharing options...
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