ronscarpa Posted July 24, 2014 Report Share Posted July 24, 2014 Currency AuctionsAnnouncement No. (2732)The latest daily currency auction was held in the Central Bank of Iraq for Saturday, the 26-07-2014; and posted on Thursday, 24-07-2014. The results were as follows:DETAIL ------------&----------- NOTESNumber of banks 9Auction price selling dinar / US$ 1166Auction price buying dinar / US$ -----Amount sold at auction price (US$) 110,683,000Amount purchased at Auction price (US$) -----Total offers for buying (US$) 110,683,000Total offers for selling (US$) -----------------------------------------------------------------------------------------------Announcement No. (2733)The latest daily currency auction was held in the Central Bank of Iraq for Sunday, the 27-07-2014; and is posted on Thursday, 24-07-2014. The results were as follows:DETAIL ------------&----------- NOTES Number of banks 15Auction price selling dinar / US$ 1166Auction price buying dinar / US$ -----Amount sold at auction price (US$) 185,890,000Amount purchased at Auction price (US$) -----Total offers for buying (US$) 185,890,000Total offers for selling (US$) -----Exchange rates A double auction for the CBI was held today to cover Saturday & Sunday since they fall during the EID religious holiday. Yesterday held two as well, for Wednesday & Thursday (today). Friday there is no CBI auctions. 2 Link to comment Share on other sites More sharing options...
calkid11 Posted July 24, 2014 Report Share Posted July 24, 2014 Thank you 1 Link to comment Share on other sites More sharing options...
sandfly Posted July 25, 2014 Report Share Posted July 25, 2014 THANKS Link to comment Share on other sites More sharing options...
sadman Posted July 25, 2014 Report Share Posted July 25, 2014 So does ANYONE ask why they did this? In the past 4 1/2 years I have never seen the post ADVANCED auctions one day ahead of time. Then on Thursday they post 2 ADVANCED auctions for 2 and 3 days ahead of time !!!!!!!!! Makes me go HHHHmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm !!! Link to comment Share on other sites More sharing options...
chinadawg Posted July 25, 2014 Report Share Posted July 25, 2014 some strange goings on. Link to comment Share on other sites More sharing options...
sadman Posted July 25, 2014 Report Share Posted July 25, 2014 Well it coincides with both the CBI and Forex being down at the same time if the CBI does not open and hold auctions on Saturday or Sunday again. It also allows them to go into EID on Monday shut down ! JMO Link to comment Share on other sites More sharing options...
deniscanada Posted July 26, 2014 Report Share Posted July 26, 2014 Time Machine Daaaaaaa The CBI got it from these guys at a bargin. Link to comment Share on other sites More sharing options...
skeetdog Posted July 26, 2014 Report Share Posted July 26, 2014 Thanks Ron...deniscanada, Glad to see they at least have some guys that can devise a plan... Link to comment Share on other sites More sharing options...
skeetdog Posted July 26, 2014 Report Share Posted July 26, 2014 Thanks Ron...If these are double auctions would we then divide them...making four straight auctions under $100 million...Does this do anything toward the 1202 projection...With Eid and the banks being closed for four days...Am I reaching for something that isn't there.... Link to comment Share on other sites More sharing options...
chinadawg Posted July 26, 2014 Report Share Posted July 26, 2014 The more auctions they have should mean a better chance to liberalize and reduce the spread......this is a good thing. although sportfisher will tell me none of this means "nothing".........his opinion,... that's ok. Link to comment Share on other sites More sharing options...
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