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CBI Currency Auction 4/26/2011


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Announcement No. (1884)

The latest daily currency auction was held in the Central Bank of Iraq on the 26-APR-2011. The results were as follows:

Details Notes

Number of banks 6

Auction price selling dinar / US$ 1170

Auction price buying dinar / US$ -----

Amount sold at auction price (US$) 17,038,000

Amount purchased at Auction price (US$) -----

Total offers for buying (US$) 17,038,000

Total offers for selling (US$) -----

Normal???

Auction

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Can someone tell me what low sales means to me as an investor ? Lol I was thinkn end of april and this just kind of bolsters my confidence

I'm no expert in this but maybe, just MAYBE.. CBI start cutting their supply of their money they sold to banks..

Which means it has start to actually stops auctioning the money & when that happen.. it will RV !!! :rolleyes::blink:

The number of banks also had declined since yesterday.....

Peace & Pray, man!!

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I'm no expert in this but maybe, just MAYBE.. CBI start cutting their supply of their money they sold to banks..

Which means it has start to actually stops auctioning the money & when that happen.. it will RV !!! :rolleyes::blink:

The number of banks also had declined since yesterday.....

Peace & Pray, man!!

RIGHT ON! :)

Can somebody wake up the Doc eh?

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yes somthing is about to happen this is not normal if this goes again tomorrow everyone get ready for this ride to be over with Rv is a coming.

totally agree! :)

Off to a good start, lets see what it looks like by the end of their day......anyone know what time they stop the auction USA CST?

I've never seen it change after it was posted, have you?

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RIGHT ON! :)

Can somebody wake up the Doc eh?

Hahahaha... yeah man. Wake that dude up! Really need to know what he will say about this! B):D

Oh my gosh...I never post but I'm soooo excited I can't stand it!!

I also never post a topic in here but getting really excited when I open CBI website!

Go RV !!!!

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