Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

CBI sells $142m


Recommended Posts

CBI sells $142m

May 24, 2010 - 10:05:01

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales reached $142.234 million in its daily auction on Monday.

“The demand hit $2.350 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $139.884 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 14 banks that participated in today’s session offered to sell dollars.

The Central Bank of Iraq runs a daily action from Sunday to Thursday.

MH (P)/SR

http://en.aswataliraq.info/?p=132134

Link to comment
Share on other sites

Thanks for posting this data WOODY...!

These sales need to stop, or we'll see any RV value deminished because of the increasing numbers of IQD held by outside sources other than the CBI - when they will be called in.

Link to comment
Share on other sites

Thanks for posting this data WOODY...!

These sales need to stop, or we'll see any RV value deminished because of the increasing numbers of IQD held by outside sources other than the CBI - when they will be called in.

Ron I look at it this way. They will be making money on both ends. First they sell dinars for USD's which goes into there foriegn reserves,, then they sell oil getting back there higher valued dinars.

Seems like a win win situation for them. JMHO ~~~~~Bluto

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.