ALAN EDWARDS Posted March 11, 2010 Report Share Posted March 11, 2010 Currency auction today ...251,565,000 i never seen it that high?????? Link to comment Share on other sites More sharing options...
k98nights Posted March 11, 2010 Report Share Posted March 11, 2010 CBI’s dollar sales surge to 251mMarch 11, 2010 - 02:02:45BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales rose significantly to $251.565 million in its daily auction on Thursday, compared to $181 million in the previous session.“The demand hit $11.990 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $239.575 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.None of the 19 banks that participated in today’s session offered to sell dollars.The Central Bank of Iraq runs a daily auction from Sunday to Thursday.SS (P)/SRhttp://en.aswataliraq.info/?p=128402That is HIGH!!! Link to comment Share on other sites More sharing options...
SexyDinar Posted March 11, 2010 Report Share Posted March 11, 2010 I guess they will have to RV shortly otherwise it will become very expensive to buy back the currency. Link to comment Share on other sites More sharing options...
Chip Chandler Posted March 12, 2010 Report Share Posted March 12, 2010 What sparked this? Note that the IQD dropped slightly against the dollar. Link to comment Share on other sites More sharing options...
essicaja Posted March 12, 2010 Report Share Posted March 12, 2010 Currency auction today ...251,565,000 i never seen it that high??????Let's think logically for a minte. If we are talking so much about an RV then we are boosting sales and it is essentially causing CBI to sell more. We are the cause for this not the possible RV. Who knows when it will happen but if we post it is going to happen on Sunday etc. then who is driving the market?WE ARE!!!!!! Think about it!! Link to comment Share on other sites More sharing options...
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