The central bank ends its auction by selling more than $ 181 million

[yota691]

 

The central bank sells more than $ 197 million in the currency auction today

15:01

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The time now is 03:27 PM

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BAGHDAD (Reuters) - 

The Central Bank of Iraq closed a sale of foreign currency on Sunday, selling more than 197 million dollars. 

The central bank said in a statement received by "Al-Ghad Press" that "the amount sold today amounted to 197 million and 18 thousand and 430 dollars, and the exchange rate of 1182 dinars per dollar, with the participation of 35 banks and 4 companies for financial transfer."

He added that "the sale of amounts transferred to the accounts of banks abroad, as well as the sale of cash was the price of 1190 dinars per dollar."

[nannab]

Thank ya Yota and a good Sunday morning DV. 

[Floridian]

Why did they say the auctions will stop at the end of the 1st quarter and then continue with the auctions?

Do they NEVER tell the truth?

I'd like to say a lot more, but I dare not.

 

[justchecking123]

1 hour ago, Floridian said:

Why did they say the auctions will stop at the end of the 1st quarter and then continue with the auctions?

Do they NEVER tell the truth?

I'd like to say a lot more, but I dare not.

 

You seem surprised.

[Floridian]

8 minutes ago, justchecking123 said:

You seem surprised.

 

Yup!  They get me every time.

I don't know why I believe them.

I guess because "it sounds official".   

 

[Donziman]

ive said this before. If you were them catching the gravy train each and every day. Actually stealing from the people.

would YOU stop the train and work a mundane government job ?? i don't think so.

[Pitcher]

What did Trump call them, a bunch thieves?   Time to drain the Iraqi swamp and go after the corrupt officials.

[3n1]

11 hours ago, Floridian said:

Why did they say the auctions will stop at the end of the 1st quarter and then continue with the auctions?

Do they NEVER tell the truth?

I'd like to say a lot more, but I dare not.

 

 

it's called Iraq 101 and class is always in session you never know how to prepare for it ... in all seriousness though imo it'll probably all happen at once so much of it is tied to something else and wild speculation would ensue if that makes sense, the auction was originally to be a tool among many things to control inflation as in most good someone is looking to exploit its original purpose for personal gain and iraq has had many willing participants ( nothing was done to stop it ) the auctions were no different.. watching an waiting    

[10 YEARS LATER]

13 hours ago, Floridian said:

Why did they say the auctions will stop at the end of the 1st quarter and then continue with the auctions?

Do they NEVER tell the truth?

I'd like to say a lot more, but I dare not.

 

 

No worries mate . . . we know what you're thinking; we've ALL had those thoughts.

[10 YEARS LATER]

1 hour ago, Donziman said:

ive said this before. If you were them catching the gravy train each and every day. Actually stealing from the people.

would YOU stop the train and work a mundane government job ?? i don't think so.

 

WELL SAID ! ! ! 

[js214]

13 hours ago, Floridian said:

Why did they say the auctions will stop at the end of the 1st quarter and then continue with the auctions?

Do they NEVER tell the truth?

I'd like to say a lot more, but I dare not.

 

anyone on this boatride knows to the Iraqi's when you tell them paddle backwards to go forwards , they do the opposite

[DinarDavo]

13 hours ago, Floridian said:

Why did they say the auctions will stop at the end of the 1st quarter and then continue with the auctions?

Do they NEVER tell the truth?

I'd like to say a lot more, but I dare not.

 

 

I posted this on another thread yesterday...sheds a little light on the auctions and MCP

 

from a member of the Integrity Committee...    

 

", said a member of the Parliamentary Integrity Committee MP Mishan al - Jubouri said on Saturday that "no one" can prevent the auction of the currency, while stressing that politicians are "owners" phantom banks. 

"No one can prevent the auction of selling the currency," Jubouri said in an interview with the program "Political Kitchen", which is broadcast by Sumerian satellite channel, pointing out the reason that "politicians are the owners of fictitious banks." 

Al-Jubouri added that "each large party has 3 or 4 banks registered in the name of brother, smelter or uncle or others," pointing out that "the currency auction is an outlet for the benefit of these parti"

 

https://www.alsumaria.tv/news/233172/مشعان-الجبوري-لن-يتوقف-مزاد-بيع-العملة-لأن-السياسي/ar

Edited April 2, 2018 by DinarDavo

[yota691]

 

The Central Bank announces the decline in sales of foreign currency

12:48

Last updated

01:01 PM

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BAGHDAD (Reuters) - 

The Central Bank of Iraq (CBE) on Monday reported a drop in foreign currency sales to $ 144 million from $ 155.92 million on Sunday, down $ 11.92 million.

The Central Bank said in a statement received by "Al-Ghad Press", "The exchange rate amounted to 1190 dinars per dollar, in the auction held with the participation of 34 banks, and 3 companies for financial transfer."

"The total sales of this day amounted to about 185.9 million dollars," the Central Bank said.

He added that "the sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the cash sale will be at the same price."

Amounts sold to strengthen bank balances abroad were $ 142.11 million, while cash sales were estimated at $ 1.89 million.

[yota691]

 

Central sells more than $ 167 million in currency auction

Economie

15:27

Last updated

The time now is 03:46 PM

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Baghdad / Al-Ghad Press:

 

Iraq's central bank announced Tuesday that it had sold more than $ 167 million in foreign currency auction. 

The central bank said in a statement received by "Al-Ghad Press" that "the amount sold today amounted to 167 million, 24 thousand and 550 dollars, at an exchange rate of 1182 dinars per dollar, with the participation of 36 banks and 3 companies for financial transfer."

He added that "the sale of amounts transferred to the accounts of banks abroad as well as the sale of cash was the price of 1190 dinars per dollar."

 

On Monday, the central bank announced the sale of more than 186 million dollars in foreign currency auction.

[navira45]

Moday central bank sold 186 million dollars at a rate of 1190 dinars per dollar. Tuesday, the central bank sold 167 million dollars at a rate of 1182 dinars per dollar. Notice how the rate and auction sales get lowered...by the way , the budget got published today. Watch the rate get lowered even more this week...and the exchange rate in Google n the rest of the sites will appear again...and it will be permanent...wait for it....

[Jaygo]

21 minutes ago, navira45 said:

Moday central bank sold 186 million dollars at a rate of 1190 dinars per dollar. Tuesday, the central bank sold 167 million dollars at a rate of 1182 dinars per dollar. Notice how the rate and auction sales get lowered...by the way , the budget got published today. Watch the rate get lowered even more this week...and the exchange rate in Google n the rest of the sites will appear again...and it will be permanent...wait for it....

 

Been waiting. Tired of waiting! 😭

[Rmc10]

26 minutes ago, navira45 said:

Moday central bank sold 186 million dollars at a rate of 1190 dinars per dollar. Tuesday, the central bank sold 167 million dollars at a rate of 1182 dinars per dollar. Notice how the rate and auction sales get lowered...by the way , the budget got published today. Watch the rate get lowered even more this week...and the exchange rate in Google n the rest of the sites will appear again...and it will be permanent...wait for it....

 

I hope you are right. Seems like things are happening but just how long we still have to wait who really knows.

[10 YEARS LATER]

43 minutes ago, navira45 said:

Moday central bank sold 186 million dollars at a rate of 1190 dinars per dollar. Tuesday, the central bank sold 167 million dollars at a rate of 1182 dinars per dollar. Notice how the rate and auction sales get lowered...by the way , the budget got published today. Watch the rate get lowered even more this week...and the exchange rate in Google n the rest of the sites will appear again...and it will be permanent...wait for it....

 

Yup - 15 years and in a holding pattern. This thing has gotta pop ! 

[King Bean]

On ‎4‎/‎1‎/‎2018 at 9:26 PM, js214 said:

....to the Iraqi's when you tell them paddle backwards to go forwards , they do the opposite

 

      Iraq logic. Exactly !!  

[navira45]

The auction sell will go down further where eventually the lower denoms get introduced....and oh yeah...the rv.

[King Bean]

15 minutes ago, 10 YEARS LATER said:

Yup - 15 years and in a holding pattern. This thing has gotta pop ! 

 

             In dog years that's.........WOW, never mind!   

 

[normala rashid]

history of iraq . i would happy iraq rates will  get  float but i hope never will be like this agains. 

[normala rashid]

2 hours ago, yota691 said:

 

Central sells more than $ 167 million in currency auction

Economie

15:27

Last updated

The time now is 03:46 PM

81

Watch

 

 

 

Baghdad / Al-Ghad Press:

 

Iraq's central bank announced Tuesday that it had sold more than $ 167 million in foreign currency auction. 

The central bank said in a statement received by "Al-Ghad Press" that "the amount sold today amounted to 167 million, 24 thousand and 550 dollars, at an exchange rate of 1182 dinars per dollar, with the participation of 36 banks and 3 companies for financial transfer."

He added that "the sale of amounts transferred to the accounts of banks abroad as well as the sale of cash was the price of 1190 dinars per dollar."

 

On Monday, the central bank announced the sale of more than 186 million dollars in foreign currency auction.

sell off dollars with low rate .... yes rv almost coming !

[10 YEARS LATER]

1 hour ago, King Bean said:

 

             In dog years that's.........WOW, never mind!   

 

 

Sure  FEELS like Dog years 

[pokerplayer]

2 hours ago, normala rashid said:

history of iraq . i would happy iraq rates will  get  float but i hope never will be like this agains. 

 

Not being rude normala but this sentence is a head scatcher for me. Could you dechpher a little please ? 

 

  Thxs, pp