Currency Auction CBI 5/3/2011

[suntiger]

http://www.cbi.iq/index.php?pid=CurrencyAuctions

The latest daily currency auction was held in the Central Bank of Iraq on the 3-MAY-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$) 3,515,000

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

Total offers for buying (US$) 3,515,000

Total offers for selling (US$)

[yusofsabri]

YES!!! Thanks for posting.

[lionfish]

COME ON RV!!

RV there yet? ALMOST!!:D:D

[havasumom]

somethings brewing..never seen this currency auction this low!

[mort]

I have never seen the auction as low, ever.

The latest daily currency auction was held in the Central Bank of Iraq on the 3-MAY-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$) 3,515,000

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

Total offers for buying (US$) 3,515,000

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

[zaborniake]

Holy crap! 3.5 million. Hey Doc!!!!!

[futuredinarM]

Wow !!!! :blink:

This auction looks REALLY REALLY low !!!! Can't believe my eyes!! :blink:

[Theflyingbird]

I hope this is good news.GO RV!!!!!!!

[havasumom]

Holy crap! 3.5 million. Hey Doc!!!!!

exactly what im sayin..this is the most positive piece of info i have seen in a while.

[JoeB]

And it was all cash. No transfers.

Never happened before.

Edited May 3, 2011 by JoeB

[havasumom]

hmmm would love to hear zantac or doc31's take on this i know its good as far as they said a few days ago

[jeepguy]

o kay ---if it gets too sayyyyyy 500,000 traded none purchased--that is good for us? i`m guessing ,,they will r v their currency to bring in more intrest to their country and in results more purchases of dinar is this what you folks are looking for >?

[yusofsabri]

I hope this is good news.GO RV!!!!!!!

Agree.

[zul]

An auction like no auction day......

something cooking..? brewing..?

[djwebby]

Is that the lowest yet?

[futuredinarM]

And it was all cash. No transfers.

Never happened before.

Yeah... I've missed that! Was is a good sign or bad sign?????

Is that the lowest yet?

I'm pretty sure it is so far...!

[havasumom]

Yeah... I've missed that! Was is a good sign or bad sign?????

i would say its a GREAT sign!

[zaborniake]

http://www.cbi.iq/documents/CBI_FOREIGN_EXCHANGE_AUCTIONS.pdf

Here's all the historical rates...

[easyrider]

trust me this is great something is about to happen soon everyone be prepared for anything right about now. This aucton is way too low.

Edited May 3, 2011 by easyrider

[MarchMadnes]

Is this really huge? Could this be a tactic to throw us off? What does this mean to our investment we have alot of friends and family to update? Please if anyone can educate us and you understand what this does for our investment we would be greatful!

[zaborniake]

It's not the lowest ever, but really low. I'm uncertain about the transfer issue.

[JoeB]

Is that the lowest yet?

Lowest since Dec-26-2006

[zaborniake]

Someone send up the Doc or Zantac flare!

[havasumom]

trust me this is great something is about to happen soon everyone be prepared for anything right about now. This aucton is way too low.

its brewin homie

[MarchMadnes]

Is this really huge? Could this be a tactic to throw us off? What does this mean to our investment we have alot of friends and family to update? Please if anyone can educate us and you understand what this does for our investment we would be greatful!

anyone want to take this one?