CBI begins 2011 with selling $125m

[Carl Greenwell]

CBI begins 2011 sessions with selling $125m

January 3, 2011 - 03:56:05

BAGHDAD / Aswat al-Iraq: A total of $125.068 million were sold during the Central Bank of Iraq (CBI) dollar sales on Monday at an exchange rate of 1,170 Iraqi dinars per dollar.

“The demand hit $800,000 in cash today, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $124.268 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 15 banks that participated in today’s session offered to sell dollars.

SO MUCH FOR THE RUMOR THAT DINARS WERE NOT ALLOWED TO LEAVE THE COUNTRY........

[DmsC]

Need the link for the info Thanks

[sneakey]

+/- 100 millions Dinar sold per day. Where is all of that going?

It's not just Dinar speculators is it?

[Carl Greenwell]

http://en.aswataliraq.info/?cat=4

+/- 100 millions Dinar sold per day. Where is all of that going?

It's not just Dinar speculators is it?

It states that 15 Banks participated in the sale. Looks to me that Banks are buying up the Dinar, thats fine by me, maybe we wont have to bail them out anymore with our Tax Dollars...

[tcjams]

CBI begins 2011 sessions with selling $125m

January 3, 2011 - 03:56:05

BAGHDAD / Aswat al-Iraq: A total of $125.068 million were sold during the Central Bank of Iraq (CBI) dollar sales on Monday at an exchange rate of 1,170 Iraqi dinars per dollar.

“The demand hit $800,000 in cash today, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $124.268 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 15 banks that participated in today’s session offered to sell dollars.

SO MUCH FOR THE RUMOR THAT DINARS WERE NOT ALLOWED TO LEAVE THE COUNTRY........

exactly.....

[Carl Greenwell]

Need the link for the info Thanks

http://en.aswataliraq.info/?cat=4

You want me to do your homework too... jk'ing...

[Vegas75]

+/- 100 millions Dinar sold per day. Where is all of that going?

It's not just Dinar speculators is it?

I think it would make sense for everyone to think of currency like any other product. It supports a function of a market and like all products you need to have enough on hand for your SELF, SUBSIDIARIES, RESERVES, and daily operations not to mention trade or investment. When you look at it this way, it kind of makes sense.