yota691 Posted December 2, 2015 Report Share Posted December 2, 2015 CURRENCY CODE SELL BUY US dollar USD 1182.000 1180.000 Euro EUR 1252.920 1252.294 British pound GBP 1782.220 1781.328 Canadian dollar CAD 883.937 883.495 Swiss franc CHF 1148.911 1148.337 Swedish krona SEK 135.959 135.891 Norwegian krone NOK 136.164 136.096 Danish krone DKK 167.948 167.864 Japanese yen JPY 9.598 9.593 Special Drawing Rights SDR 1623.973 1623.161 Indicative rates - 02.12.2015 8 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted December 2, 2015 Report Share Posted December 2, 2015 I can't believe it finally moved! I just wish it would move the other way. 3 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted December 2, 2015 Report Share Posted December 2, 2015 It's Great to see it moving . Thanks Yota . It will move in our desired direction soon enough 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 2, 2015 Author Report Share Posted December 2, 2015 Low central bank sales today to $ 170 million History of edits:: 2015/12/2 12:06 • 41 visits readable [baghdad-where] declined central bank sales, on Wednesday, in the auction for the sale of foreign currency to sell $ 170 million yesterday after it was $ 188 million. According to a statement of the bank, the agency received all of Iraq [where] a copy of "The amount sold volume today totaled 179 million, and 760 000 dollars, the price of 1166 dinars exchange rate to the dollar, and with the participation of 24 banks and 16 companies for the fiscal conversion." He pointed out that "the size of the sums remittances and credits amounted to $ 147 million, while the quantity sold in cash 23 million and 760 thousand dollars. "The statement said that" the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars, "adding that" the sale of remittances price of 1187 dinars / dollar, including the commission of the Central Bank and of 21 dinars per dollar, with total cash sales price of the dollar in 1190 dinar / dollar, including the commission of the Central Bank of $ 24 dinars per dollar. "The Governor of the Central Bank and the Agency on the Keywords announced in 20 of the month of November last that the bank reserves of foreign currency of 60 billion dollars, "adding that" enough for six months, "noting that" the Central Bank is working on the application of parallel policy to maintain the overall stability of prices and curb inflation, ".anthy 4 Quote Link to comment Share on other sites More sharing options...
docneedles Posted December 2, 2015 Report Share Posted December 2, 2015 I can't believe it moved that much. The last time it moved was 4 pips. Sad to see it move in the wrong direction. Does this mean it is going to float and get unpegged from the U.S. dollar? 1 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted December 2, 2015 Report Share Posted December 2, 2015 I can't believe it moved that much. The last time it moved was 4 pips. Sad to see it move in the wrong direction. Does this mean it is going to float and get unpegged from the U.S. dollar? We all wish that would happen Doc 1 Quote Link to comment Share on other sites More sharing options...
Integrativedoc Posted December 2, 2015 Report Share Posted December 2, 2015 How can it be a program rate if they are able to adjust it? 1 Quote Link to comment Share on other sites More sharing options...
nfire Posted December 2, 2015 Report Share Posted December 2, 2015 That stinks. 1 Quote Link to comment Share on other sites More sharing options...
Zcountess Posted December 2, 2015 Report Share Posted December 2, 2015 not a pretty picture ! 1 2 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted December 2, 2015 Report Share Posted December 2, 2015 One thing that may be (and I say may be) happening is the CBI may be tapering off their IQD sales in USD. On the outside, having a higher number of IQD per dollar (1182/1180) gives the appearance the IQD is loosing value - so who would want to buy depreciating currency? So, less USD would be pumped into Iraq with a less favorable exchange rate. I suspect CBI going to 1182/1180 from 1166/1164 is a very, very good thing for us. I am surprised the single jump was this high. I suspect more jumps will occur in the future (hopefully very near future) to close out the IQD sales in USD. If I recall correctly from previous articles, the IQD auction sales must stop before the revaluation. I suspect all kinds of crazy articles and mayhem will occur in the foreseeable/near future. The CBI adjustments and articles indicate to me we could be closer than we think to the IQD revaluation. 9 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted December 2, 2015 Report Share Posted December 2, 2015 Synopsis Thanks, Agree with your assessment that the CBI is planning something 100 % guaranteed. Let's hope they get it done asap. Keeping the faith!! GO RV!! 4 Quote Link to comment Share on other sites More sharing options...
Bandit795 Posted December 2, 2015 Report Share Posted December 2, 2015 Let's see that U-turn soon! 2 1 Quote Link to comment Share on other sites More sharing options...
chum Posted December 2, 2015 Report Share Posted December 2, 2015 Go to www.cbi.iq 1 Quote Link to comment Share on other sites More sharing options...
TLHUBER Posted December 2, 2015 Report Share Posted December 2, 2015 Let's see that U-turn soon! Love it. Pretty COOL. 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted December 2, 2015 Report Share Posted December 2, 2015 CURRENCY CODE SELL BUY US dollar USD 1182.000 1180.000 Indicative rates - 02.12.2015 Low central bank sales today to $ 170 million Thanks Yota...(+1).... 4 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted December 2, 2015 Report Share Posted December 2, 2015 One thing that may be (and I say may be) happening is the CBI may be tapering off their IQD sales in USD. On the outside, having a higher number of IQD per dollar (1182/1180) gives the appearance the IQD is loosing value - so who would want to buy depreciating currency? So, less USD would be pumped into Iraq with a less favorable exchange rate. I suspect CBI going to 1182/1180 from 1166/1164 is a very, very good thing for us. I am surprised the single jump was this high. I suspect more jumps will occur in the future (hopefully very near future) to close out the IQD sales in USD. If I recall correctly from previous articles, the IQD auction sales must stop before the revaluation. I suspect all kinds of crazy articles and mayhem will occur in the foreseeable/near future. The CBI adjustments and articles indicate to me we could be closer than we think to the IQD revaluation. Agreed.! The CBI is getting ready for something BIG. Dollarize... Increase exchange rate... Dedollarize 7 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted December 2, 2015 Report Share Posted December 2, 2015 (edited) Five (5) Star Posts...! http://dinarvets.com/forums/index.php?/topic/212236-double-cbi-daily-currency-auction-wednesday-2-december-2015/ Edited December 2, 2015 by ronscarpa 4 Quote Link to comment Share on other sites More sharing options...
chinadawg Posted December 2, 2015 Report Share Posted December 2, 2015 (edited) TOTAL MANIPULATION TO GET TO THE 2% SPREAD NEEDED FOR ARTICLE 8.......JUST RELAX....THIS IS A GOOD THING ......THEY HAVE A PLAN AND THE BALL IS ROLLING. Edited December 2, 2015 by chinadawg 16 Quote Link to comment Share on other sites More sharing options...
vomer Posted December 2, 2015 Report Share Posted December 2, 2015 5 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted December 2, 2015 Report Share Posted December 2, 2015 Vomer that's great!!!!! Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted December 2, 2015 Report Share Posted December 2, 2015 TOTAL MANIPULATION TO GET TO THE 2% SPREAD NEEDED FOR ARTICLE 8.......JUST RELAX....THIS IS A GOOD THING ......THEY HAVE A PLAN AND THE BALL IS ROLLING. 2 Quote Link to comment Share on other sites More sharing options...
k98nights Posted December 2, 2015 Report Share Posted December 2, 2015 Caption: "I still get my wife to scream my name in bed. I just fart and pull the covers up over her head!" 6 Quote Link to comment Share on other sites More sharing options...
jg1 Posted December 2, 2015 Report Share Posted December 2, 2015 Bump Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted December 2, 2015 Report Share Posted December 2, 2015 Caption: "I still get my wife to scream my name in bed. I just fart and pull the covers up over her head!" so your name is @$$hole? 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted December 3, 2015 Report Share Posted December 3, 2015 Tigergorzow - Oh, yeah, let's hope they get 'er done asap and we'll keep the faith! Laid Back - I agree, sure seems like the CBI is getting ready for something BIG - and Good for Us! 1 Quote Link to comment Share on other sites More sharing options...
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