CBI sells $666 million this week

[k98nights]

CBI sells $666 million this week

May 28, 2010 - 09:32:43

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales in auctions for this week decreased by 9% to $666.389 million compared to $737.394 million last week.

“The demand hit $8.080 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, compared to last week’s $26.760 million, while foreign transfers outside the country registered $658.309 million, covered at an exchange rate of 1,173 Iraqi dinars per dollar, compared to last week’s $710.634 million,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the banks that participated in this week’s sessions offered to sell dollars.

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

SH (P)

http://en.aswataliraq.info/?p=132357

[rtrusty]

CBI sells $666 million this week

May 28, 2010 - 09:32:43

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales in auctions for this week decreased by 9% to $666.389 million compared to $737.394 million last week.

“The demand hit $8.080 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, compared to last week’s $26.760 million, while foreign transfers outside the country registered $658.309 million, covered at an exchange rate of 1,173 Iraqi dinars per dollar, compared to last week’s $710.634 million,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the banks that participated in this week’s sessions offered to sell dollars.

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

SH (P)

http://en.aswataliraq.info/?p=132357

Hey guys if these sales were to double or triple in one week wouldn't

that tell us that we're going to RV that week?

[Doc31]

Hey guys if these sales were to double or triple in one week wouldn't

that tell us that we're going to RV that week?

I would love for them to be that transparent ... but I'm thinking NO!

Thanks for the post Woody!

Edited May 28, 2010 by Doc31