yota691 Posted February 11, 2014 Report Share Posted February 11, 2014 Central Bank: the size of the financing banks for currency auction was a half trillion Iraqi dinars 11-02-2014 12:57 PM Baghdad (news) .. Central Bank of Iraq about the size of the financing banks for currency auction amounted to half a trillion Iraqi dinars. According to a statement of the bank received the Agency (news) copy of it: that the volume of financing done by Iraqi banks for the operations of the auction of foreign currency by the new regulations and the two first two years up to half a trillion Iraqi dinars . / End / h. / P Link to comment Share on other sites More sharing options...
gregp Posted February 11, 2014 Report Share Posted February 11, 2014 So roughly $430,000 USD ?? Link to comment Share on other sites More sharing options...
sandfly Posted February 11, 2014 Report Share Posted February 11, 2014 THANKS Link to comment Share on other sites More sharing options...
jeepguy Posted February 11, 2014 Report Share Posted February 11, 2014 they are really pulling a lot of dinars off the streets with these auctions ! now with oil as a profitable deal , they also have money auctions as another , Link to comment Share on other sites More sharing options...
moneysoon Posted February 11, 2014 Report Share Posted February 11, 2014 Won't be long, make that rate great! Link to comment Share on other sites More sharing options...
yota691 Posted February 11, 2014 Author Report Share Posted February 11, 2014 (edited) CBI: half trillion dinars size of the fund accounts opened for the Iraqi banks Posted in Business & FinanceWednesday, February 11, 2014 14:34 Future / Central Bank of Iraq from reaching the size of the financing done by the Iraqi banks to half a trillion dinars. A source at the Central Bank: "The size of the financing done by the Iraqi banks to auction foreign currency operations by the new regulations and the first two days, it was up to half a trillion dinars." The central bank said in a statement yesterday from directly a large number of Iraqi banks, public and private funding of open accounts at the bank, noting that a large number of Iraqi banks started financing open accounts in the bank for the purposes of the foreign currency auction. The CBI admitted instructions and new controls on the banks of the Iraqi public and private Included Bank informed on all financial accounts and finance financial accounts at the central bank. Edited February 11, 2014 by yota691 Link to comment Share on other sites More sharing options...
EagleEye Posted February 11, 2014 Report Share Posted February 11, 2014 so Yota my friend, what is your take on this info ??? Thanks for all that you do for DV.... Link to comment Share on other sites More sharing options...
yota691 Posted February 11, 2014 Author Report Share Posted February 11, 2014 so Yota my friend, what is your take on this info ??? Thanks for all that you do for DV.... EE my first thoughts were that sure is lot of 13 to 1...Thanks Link to comment Share on other sites More sharing options...
DinarThug Posted February 14, 2014 Report Share Posted February 14, 2014 CNN. Broadcasting From The Auctions While Raking In The Dinar ! (by jjonesmx) The size of the financing banks for currency auction was a half trillion Iraqi dinarsPM: 01:17:11 / 02/2014Central Bank of Iraq about the size of the financing banks for currency auction amounted to half a trillion Iraqi dinars. According to a statement of the bank on Tuesday: that the volume of financing done by Iraqi banks for the operations of the foreign currency auction by the new regulations and the first two days up to half a trillion Iraqi dinars.http://www.radionawa.com/arabic/dreja.aspx?=hewal&jmare=7627&Jor=12 . Disregard - This Was Already Posted On Tuesday ! 1 Link to comment Share on other sites More sharing options...
skeetdog Posted February 14, 2014 Report Share Posted February 14, 2014 Thanks DT...I've got a real good idea how they can acquire a whole bunch more dinars.... 1 Link to comment Share on other sites More sharing options...
sandfly Posted February 14, 2014 Report Share Posted February 14, 2014 THANKS Link to comment Share on other sites More sharing options...
deniscanada Posted February 14, 2014 Report Share Posted February 14, 2014 I find this interesting. A couple of days ago, all the banks had to deposit huge amounts of there currency at the CBI. This article says the banks recieved a huge amount of dinar back from the CBI, through the currency auction. Does the CBI get commission off of this? I wonder what gives. hmmmmmm Link to comment Share on other sites More sharing options...
sandfly Posted February 14, 2014 Report Share Posted February 14, 2014 YES THEY DO Link to comment Share on other sites More sharing options...
deniscanada Posted February 14, 2014 Report Share Posted February 14, 2014 I also find it strange that the banks had to evacuate, because of bomb scare. Link to comment Share on other sites More sharing options...
kid4dinar Posted February 14, 2014 Report Share Posted February 14, 2014 I'm hoping, the introduction of lower denomination to the banks. Hmmmm! Link to comment Share on other sites More sharing options...
haymon Posted February 14, 2014 Report Share Posted February 14, 2014 I give you something, you give me something. ..... Link to comment Share on other sites More sharing options...
Recommended Posts