Iraqi News Central Bank of Iraq on Tuesday Daily auction

[k98nights]

Conscious / Baghdad / m. أ A

2/2/2010 3:29pm 2/2/2010 3:29 pm

اغلق Close البنك المركزي العراقي اليوم الثلاثاء Central Bank of Iraq on Tuesday مزاده اليومي لبيع العملة الاجنبية والدولار بانخفاض مستوى مبيعاته Daily auction for the sale of foreign currency and the dollar low level of sales من الدولار الى 146 مليون و278 الف دولار بعد ان ارتفع في جلسته السابقة محققاً 195 مليون و655 الف دولار وبسعر مستقر للصرف From the dollar to 146 million and 278 thousand dollars, after rising at its previous investigators 195 مليون and 655 thousand dollars at a stable exchange rate بلغ 1170 دينار لكل دولار . Reached 1170 dinars per dollar.

اعلن ذلك البنك المركزي This was announced by the Central Bank في نشرة حصلت ( وكالة انباء الاعلام العراقي / واع ) نسخة منها بين فيها ان المجموع الكلي لمبيعاته من الدولار توزعت بين 8 I got in a bulletin (News Agency, Iraqi Information / conscious) a copy of which also states that the total sum of sales of the dollar distributed between 8 مليون و 60 ألف Million and 60 thousand دولار تعاملات نقدية سددها البنك نقداً وبسعر ثابت للصرف بلغ 1183 دينار بضمنها عمولة البنك البالغة 13 دينار لكل دولار و مبالغ محولة خارج العراق بلغت 138 مليون U.S. $ MM in cash and bank shot at a fixed rate of exchange reached 1183 dinars, including the World Bank commission of $ 13 dinars per dollar, and amounts transferred out of Iraq amounted to 138 million و 218 And 218 الف دولار حولها البنك نقداً بسعر ثابت للتحويل بلغ 1173 دينار بضمنها عمولة البنك البالغة 3 دنانير لكل دولار . Thousand dollars in cash and around the bank at a fixed rate of conversion was 1173 dinars, including the World Bank commission of $ 3 dinars per dollar.

ولم تتقدم المصارف الـ Did not make the banks 16 16 المشاركة في المزاد اي عروض لشراء الدولار ، علماً ان البنك يتقاضى عمولة مقدارها (16) دينار لكل دولار مع خصم (8) دينار/ دولار عن المبالغ المشتراة . Participate in the auction for any offers to buy the dollar, knowing that the bank earns a commission of $ (16) dinars per dollar with a discount (8) JD / USD on the amounts purchased.

ويعقد البنك المركزي العراقي خمسة جلسات لبيع وشراء العملة الأجنبية والدولار خلال الأسبوع المالي . The central bank held five meetings of the Iraqi sale and purchase of foreign currency and the dollar during the week financially.

http://translate.googleusercontent.com/translate_c?hl=en&sl=ar&tl=en&u=http://al-iraqnews.net/new/iconomi/53165.html&rurl=translate.google.com&twu=1&usg=ALkJrhg6q3_Fo0Qlec1JlE5Ge2eHErqeDQ

[chas7471]

is this good

[sonny1]

is this good

its normal

[Miss Muffet]

i belive this the only place u can get auction results now....intresting that its a goverment run news org. I SMELL SMOKE

[terr]

Why can we not get auction on CBI site last 2 days now?

[Dandy1]

CBI sells $146m on Tue.

February 2, 2010 - 11:44:08

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq

[Matt]

What do you all think of this? Im confused ?.?.

Iraq To Be Top Oil Producer in 6-7 Years

PUKmedia 31-01-2010 12:51:56

Iraq will become the world’s largest oil-producing nation in “six or seven years”, according to oil minister Hussain Al Shahristani.

The official told Reuters that Baghdad is seeking to raise capacity to 12 million barrels per day (bpd) in that timeframe, which he believes will help the country negotiate its future oil quotas with OPEC.* “We can’t find a reason to prevent Iraqi production becoming higher than any other OPEC state or even states outside OPEC,” said Al Shahristani.* “We expect that to happen in the next six to seven years with co-ordination and agreement with other OPEC producers,” he said.

-arabianbusiness-

http://pukmedia.com/english/index.php?option=com_content&view=article&id=958:iraq-to-be-top-oil-producer-in-6-7-years-&catid=1:economy&Itemid=389

[Bull Goose]

Thanks Dandy.

[decalking]

I can,t see the clouds for the smoke.

[terr]

CBI sells $146m on Tue.

February 2, 2010 - 11:44:08

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales dropped to $146.278 million in its daily auction on Tuesday, compared to $195.655 million in the previous session.

“The demand hit $8.06 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $138.218 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 16 banks that participated in today’s session offered to sell dollars.

The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

SS (P)

http://en.aswataliraq.info/?p=126319

I still do not know why we can't get our info from CBI website...why do we have to find out from media/iraq? Why the Change?

[Muhammad]

What do you all think of this? Im confused ?.?.

Iraq To Be Top Oil Producer in 6-7 Years

PUKmedia 31-01-2010 12:51:56

Iraq will become the world’s largest oil-producing nation in “six or seven years”, according to oil minister Hussain Al Shahristani.

The official told Reuters that Baghdad is seeking to raise capacity to 12 million barrels per day (bpd) in that timeframe, which he believes will help the country negotiate its future oil quotas with OPEC.* “We can’t find a reason to prevent Iraqi production becoming higher than any other OPEC state or even states outside OPEC,” said Al Shahristani.* “We expect that to happen in the next six to seven years with co-ordination and agreement with other OPEC producers,” he said.

-arabianbusiness-

http://pukmedia.com/english/index.php?option=com_content&view=article&id=958:iraq-to-be-top-oil-producer-in-6-7-years-&catid=1:economy&Itemid=389

Ever read about the children's story about The Race Between The Rabbit And The Tortoise? If the rabbit is too complacent, in about 6-7 years' time the tortoise may win the race at that future's time in Iraq's oil fields against OPEC state or not OPEC state. Just look at China's economic power alone. As its communism gradually faded away since some decades back, it may begin to rule the economic world soon and next may be Iraq.

[Matt]

So do u think we may not see an RV for 6 more yrs?

[ftruck7]

Thanks for the info

[hedgy]

is this a step forward or back not sure? but thanks for the info update.....cheers

[gmc]

thanks for posting k98

[idahodebbie]

Did CBI website give the numbers before?

[10uhcn]

what do you mean when you say you can see the smoke?