Texstorm Posted February 21, 2015 Report Share Posted February 21, 2015 Because they'll be making trillions. You don't jump over $10-$100 to get to a $1. - Thanks Markinsa ! I couldn't have said it better ! And thanks for your reply back Rock ! GO RV ! 1 Link to comment Share on other sites More sharing options...
rockfl9 Posted February 23, 2015 Author Report Share Posted February 23, 2015 ?? If the CBi no longer supports the 1166 , what is the new exchange rate ? 1190 ? The importers must be scrambling . This is not good for economic stability. Will definitely slow down imports. Maybe that is what the y want. 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted February 24, 2015 Report Share Posted February 24, 2015 (edited) I think the CBI has just called the GOI's bluff. "You want us to stop the auctions...o.k., we stopped the auctions. Good luck with that." The Iraqis seem to have the economic IQ of a lizard. Edited February 24, 2015 by RVPleaseToday Link to comment Share on other sites More sharing options...
rockfl9 Posted February 25, 2015 Author Report Share Posted February 25, 2015 It wasn't a true auction really when the CBI fixed the price .. nothing has changed except we dont know what the dollar is selling for day to day. 1187-1190 was the last quote , that was the old cash rate. I think The CBI was giving it away at 1166. If we could see the rate we would know what the true demand is. I think it is 1220. 1 Link to comment Share on other sites More sharing options...
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