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50 pips.. A step in the right direction.


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The Central Bank requires banks to selected dinar exchange rate

Author: Editor: br Reporter: ar

Hits: 297

2014-08-23 09: 08

Tomorrow press Baghdad: Iraqi Central Bank committed private banks and pledge to Iraqi dinar exchange rate set by the Central Bank.

And the Central Bank said in a statement seen by AFP "tomorrow", "the Central Bank required all private banks in the dinar exchange rate selected by him."

"The banks pledge to abide by the uncles to ensure market stability and liquidity of money market."

CBI sets out Iraqi dinar exchange rate by 1116 dinars for one US dollar.

Central adopts a policy of balance through the local market need to pump foreign currency and do not allow their monopoly, but requires buyers to define the mechanism of using these funds purchased from auction for sale of foreign currency.

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The Central Bank requires banks to selected dinar exchange rate

Author: Editor: br Reporter: ar

Hits: 297

2014-08-23 09: 08

Tomorrow press Baghdad: Iraqi Central Bank committed private banks and pledge to Iraqi dinar exchange rate set by the Central Bank.

And the Central Bank said in a statement seen by AFP "tomorrow", "the Central Bank required all private banks in the dinar exchange rate selected by him."

"The banks pledge to abide by the uncles to ensure market stability and liquidity of money market."

CBI sets out Iraqi dinar exchange rate by 1116 dinars for one US dollar.

Central adopts a policy of balance through the local market need to pump foreign currency and do not allow their monopoly, but requires buyers to define the mechanism of using these funds purchased from auction for sale of foreign currency.

Its still 1166

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Isis starts to retreat as Sandfly sends more heavy duty armored thanks into strategic position......

SandFly's Topless 'Thanking' Brigade Led By Rdoncampos Has The Jihadists Scurrying

Since Muslims Believe That They Will Not Reach Heaven If Killed By A Woman In Combat ! :o

:D:D:D

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Must have been a typo. Here are the results of today's auction:

Currency Auctions

Currency Auctions

Announcement No. (2751)

The latest daily currency auction was held in the Central Bank of Iraq on the 23-08-2014 the port on 24-8-2014 results were as follows:

DETAILS NOTES

Number of banks 11

Auction price selling dinar / US$ 1166

Auction price buying dinar / US$ -----

Amount sold at auction price (US$) 81,999,000

Amount purchased at Auction price (US$) -----

Total offers for buying (US$) 81,999,000

Total offers for selling (US$) -----

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You can bet your dinar they will never tell you in advance they are raising or lowering the dinar exchange rate

Unless they are lopping off zeros

Never before has any bank publically told the world they are changing their rates until after they did it ,, never per announced it

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