yota691 Posted February 8, 2016 Report Share Posted February 8, 2016 Central auction for the dollar recorded a new low today is the lowest since the week History of edits:: 08/02/2016 15:08 • 40 visits readable [baghdad-where] it recorded sales of the Iraqi Central Bank, on Monday, a new low in the weekly auction for the sale of foreign currency sessions, selling $ 114 million after yesterday sold $ 118 million, which is the lowest sales recorded by the Bank of weeks ago. According to a statement of the bank, the agency received all of Iraq [where] a copy of "The amount sold volume today reached 114 million, and 525 thousand dollars at 1182 dinars exchange rate against the dollar, and with the participation of 23 banks and 18 financial transfer company." He pointed out that "the size of the sums remittances and credits amounted to 100 000 600 thousand dollars, while the quantity sold in cash 13 million, 925 thousand dollars. " the statement said that" the amounts transferred to the accounts of banks selling abroad is priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollar. . " The statistics of the Central Bank of Iraq reported the sale of the bank more than $ 3.3 billion during the month of December Almadi.anthy 6 Quote Link to comment Share on other sites More sharing options...
sandfly Posted February 8, 2016 Report Share Posted February 8, 2016 THANKS 1 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted February 8, 2016 Report Share Posted February 8, 2016 Tapering off the auctions to a nominal level before completely stopping the auctions may be a good thing. If the auctions were tapered off at 4 million USD per day, it would take about 30 trading days to get to 0. At five trading days per week, the end of the auctions would nominally be around Sunday, March 20. With the new banking systems being implemented, the currency auction may have to be stopped. The currency auction cessation may occur the same time the new Iraqi banking system switch is flipped on. Without knowing the specifics, and the new banking system has been worked on for 10 years, the news articles and reduced CBI dollar auctions may be indicating the new banking system will come on line soon. Hopefully real soon like within the next six weeks! 8 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted February 8, 2016 Report Share Posted February 8, 2016 Agree with you Synopsis.! Looks like we are getting close to see the end of the daily auctions and the real value of the dinar.! Go CBI Go monetary reform Go dinar Go increase exchange rate Go $1:1 Go 2016 5 Quote Link to comment Share on other sites More sharing options...
calkid11 Posted February 8, 2016 Report Share Posted February 8, 2016 Thank you Yota Quote Link to comment Share on other sites More sharing options...
djgabrielie1 Posted February 8, 2016 Report Share Posted February 8, 2016 Market Price Auction Price Volume (000 USD) Cash Remittances and Credits 2016 01-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 02-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 3107 03-Jan 1,224 1,182 153,336,000 16,020,000 137,316,000 3108 04-Jan 1,224 1,182 160,116,046 23,990,000 136,126,046 3109 05-Jan 1,224 1,182 161,737,563 20,640,000 141,097,563 06-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 3110 07-Jan 1,228 1,182 160,687,815 19,330,000 141,357,815 08-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 09-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 3111 10-Jan 1,233 1,182 145,512,000 4,090,000 141,422,000 3112 11-Jan 1,238 1,182 167,786,023 25,800,000 141,986,023 3113 12-Jan 1,241 1,182 171,178,000 31,540,000 139,638,000 3114 13-Jan 1,243 1,182 213,663,000 23,310,000 190,353,000 3115 14-Jan 1,243 1,182 201,219,926 30,070,000 171,149,926 15-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 16-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 3116 17-Jan 1,233 1,182 172,403,000 22,590,000 149,813,000 3117 18-Jan 1,235 1,182 149,901,714 26,200,000 123,701,714 3118 19-Jan 1,240 1,182 135,279,379 18,220,000 117,059,379 3119 20-Jan 1,240 1,182 179,922,952 19,450,000 160,472,952 3120 21-Jan 1,240 1,182 168,893,166 17,610,000 151,283,166 22-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 23-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 3121 24-Jan 1,240 1,182 164,175,000 18,940,000 145,235,000 3122 25-Jan 1,234 1,182 162,157,679 30,540,000 131,617,679 3123 26-Jan 1,235 1,182 157,930,094 22,160,000 135,770,094 3124 27-Jan 1,234 1,182 153,493,843 27,500,000 125,993,843 3125 28-Jan 1,234 1,182 144,002,000 24,100,000 119,902,000 29-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 30-Jan NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 3126 31-Jan 1,234 1,182 140,700,000 20,800,000 119,900,000 3127 01-Feb 1,234 1,182 154,530,043 30,700,000 123,830,043 3128 02-Feb 1,234 1,182 149,036,457 21,540,000 127,496,457 3129 03-Feb 1,236 1,182 145,982,444 22,750,000 123,232,444 3130 04-Feb 1,236 1,182 138,559,667 17,370,000 121,189,667 05-Feb NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 06-Feb NO AUCTION NO AUCTION NO AUCTION NO AUCTION NO AUCTION 3131 07-Feb 1,236 1,182 118,500,000 9,800,000 108,700,000 3132 08-Feb 1,236 1,182 114,525,000 13,925,000 100,600,000 1 Quote Link to comment Share on other sites More sharing options...
djgabrielie1 Posted February 8, 2016 Report Share Posted February 8, 2016 (edited) Can't seem to make cut and paste work. For the entire month however; the amt sold is decreasing Edited February 8, 2016 by djgabrielie1 Quote Link to comment Share on other sites More sharing options...
djgabrielie1 Posted February 8, 2016 Report Share Posted February 8, 2016 By the way.... the total for about a month is: 3,789,998,768 Quote Link to comment Share on other sites More sharing options...
Candy01 Posted February 8, 2016 Report Share Posted February 8, 2016 PRAYING HARD Synopsis!! :praying: 1 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted February 8, 2016 Report Share Posted February 8, 2016 Tapering off the auctions to a nominal level before completely stopping the auctions may be a good thing. If the auctions were tapered off at 4 million USD per day, it would take about 30 trading days to get to 0. At five trading days per week, the end of the auctions would nominally be around Sunday, March 20. With the new banking systems being implemented, the currency auction may have to be stopped. The currency auction cessation may occur the same time the new Iraqi banking system switch is flipped on. Without knowing the specifics, and the new banking system has been worked on for 10 years, the news articles and reduced CBI dollar auctions may be indicating the new banking system will come on line soon. Hopefully real soon like within the next six weeks! If thy anticipated prediction be right Synosis .. I would even consider taking you to lunch.. Lol .. Quote Link to comment Share on other sites More sharing options...
Synopsis Posted February 8, 2016 Report Share Posted February 8, 2016 PRAYING HARD Synopsis!! :praying: Will do! If thy anticipated prediction be right Synosis .. I would even consider taking you to lunch.. Lol .. That it will be soon.. Yes, lunch is good, hopefully real soon! 1 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted February 9, 2016 Report Share Posted February 9, 2016 (edited) If thy anticipated prediction be right Synosis .. I would even consider taking you to lunch.. Lol .. That it will be soon.. Shooooo, I got him on any whiskey drinks of his choosing for the whole entire week if the RV hits as predicted!! Edited February 9, 2016 by Freedomwish 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted February 9, 2016 Report Share Posted February 9, 2016 Shooooo, I got him on any whiskey drinks of his choosing for the whole entire week if the RV hits as predicted!! Hopefully, the connect-the-dots was workin' right! I favor club soda with lime or occasional glass of Pinot Noir - is that OK? Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted February 11, 2016 Report Share Posted February 11, 2016 Hopefully, the connect-the-dots was workin' right! I favor club soda with lime or occasional glass of Pinot Noir - is that OK? Sure thing, I got you and I'll make mine a double!! Keeping the faith!!! 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.