yusofsabri Posted February 25, 2016 Report Share Posted February 25, 2016 I can't remember but I have seen somewhere states that CBI will have the last currency auction end of this month (February 2016). If it is real, this means March 1st 2016 is our day. Anyone here could answer this? 1 1 Quote Link to comment Share on other sites More sharing options...
BJinMontreal Posted March 1, 2016 Report Share Posted March 1, 2016 yeah - NOt likely ... Currency Auctions Announcement No. (3148)The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 1/3/2016 and the results were as follows: Details Notes Number of banks 32 Number of remittance companies 19 Auction price selling dinar / US$ 1182 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 118,240,491 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 118,240,491 Total offers for selling (US$) ----- 2 Quote Link to comment Share on other sites More sharing options...
BJinMontreal Posted March 2, 2016 Report Share Posted March 2, 2016 Another today ... Currency Auctions Announcement No. (3149)The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 2/3/2016 and the results were as follows: Details Notes Number of banks 32 Number of remittance companies 20 Auction price selling dinar / US$ 1182 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 110,748,491 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 110,748,491 Total offers for selling (US$) ----- 1 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted March 5, 2016 Report Share Posted March 5, 2016 They're probably not ending anytime soon I am thinking. 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted March 8, 2016 Report Share Posted March 8, 2016 Tha last few day the currency auction has been under $100 millions I'm looking forward to the end of the first quarter. 1 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted March 8, 2016 Report Share Posted March 8, 2016 Can anyone (Yota) find where the auctions are ending? I would think we would be all over something like that. Quote Link to comment Share on other sites More sharing options...
King Bean Posted March 9, 2016 Report Share Posted March 9, 2016 Someone chime in if you remember, last year sometime, they didn't have auctions for about 10 days ??? then they started up again. I'm feeling we need to see them end, and a new dinar/usd rate at the same time for this to be significant. Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted March 13, 2016 Report Share Posted March 13, 2016 Someone chime in if you remember, last year sometime, they didn't have auctions for about 10 days ??? then they started up again. I'm feeling we need to see them end, and a new dinar/usd rate at the same time for this to be significant. Yep that's what I am thinking also King Bean. With the auctions dipping lower and lower I think that is a good sign of them ending shortly. (Notice I didn't say soon.) Quote Link to comment Share on other sites More sharing options...
vomer Posted March 13, 2016 Report Share Posted March 13, 2016 https://s-media-cache-ak0.pinimg.com/originals/65/45/75/65457501809a5253ca02ffaea09a5aac.gif 1 Quote Link to comment Share on other sites More sharing options...
jg1 Posted March 13, 2016 Report Share Posted March 13, 2016 Ya, they have said they were going to stop them a few times, but cant cut away from the money income from the auctions, kinda like Crack I guess. Quote Link to comment Share on other sites More sharing options...
sandfly Posted March 14, 2016 Report Share Posted March 14, 2016 GOOD ONE JG Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 15, 2016 Report Share Posted March 15, 2016 No currency auctions after the end of the month ... How true to their word will they be on that news?.... Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 15, 2016 Report Share Posted March 15, 2016 No currency auctions after the end of the month ... How true to their word will they be on that news?.... Quote Link to comment Share on other sites More sharing options...
Texas1 Posted March 15, 2016 Report Share Posted March 15, 2016 No currency auctions after the end of the month ... How true to their word will they be on that news?.... We heard you the 3rd time 2 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted March 15, 2016 Report Share Posted March 15, 2016 GOOD ONE JG WENTWORTH ... IT'S OUR MONEY - AND WE WANT IT NOW ! 2 Quote Link to comment Share on other sites More sharing options...
jg1 Posted March 15, 2016 Report Share Posted March 15, 2016 GOOD ONE JG THANKS 1 Quote Link to comment Share on other sites More sharing options...
Theseus Posted March 22, 2016 Report Share Posted March 22, 2016 On 3/12/2016 at 4:28 PM, jg1 said: Ya, they have said they were going to stop them a few times, but cant cut away from the money income from the auctions, kinda like Crack I guess. In 2015, around January the auctions started to dwindle but never really were cut off. The Budget that was passed in February set a cap on the amount the auction could sell. The powers that be had a very hard time with this low number and it wasn't until like a couple months later that this cap was completely disregarded and they were back into full swing of things. Lol a lot of people said was going to RV. The CBI couldn't handle the loss at a time oil prices were much higher than they were today - around the 40 to 50 USD mark. Now people are saying the auctions are going to stop... not a snowball's chance in hell will that happen at this point in time. There will be no RV this year cause the fat lady hasn't even entered the building yet let alone warming up. 1 1 Quote Link to comment Share on other sites More sharing options...
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