***** CBI Updated Rates 30-06-2011 *****

[The Machine]

Currency Code Sell Buy

US dollar USD 1170.000 1168.000

Euro EUR 1687.725 1686.881

British pound GBP 1874.106 1873.169

Canadian dollar CAD 1205.564 1204.961

Swiss franc CHF 1403.383 1402.681

Swedish krona SEK 182.442 182.351

Norwegian krone NOK 216.222 216.114

Danish krone DKK 226.262 226.149

Japanese yen JPY 14.434 14.427

Special

Drawing Rights SDR 1868.829 1867.895

[FatMan]

Guess its time to go to bed... Still Broke Haha

Darnit, Krem

[abutchbaker]

Not happy good night!!!!!!!!!

[firemans35]

Already posted, but since you brought it up there are forex site reporting 0 change which makes me wonder if there was an auction.

[karinaa]

I dont know what I was really expecting to see today.

its 4am, im going to sleep now.

[The Machine]

Already posted, but since you brought it up there are forex site reporting 0 change which makes me wonder if there was an auction.

Yes another post did mention that the site was updated ..... but they didnt post the rates ...... as for the currency auction it normally doesnt update for another hour or so ..... wait and see I guess.

[billiebobt]

No they havent updated their currency auctions as of 2:00a.m Pacifi time. Still showing 29 June

[The Machine]

Currency Auctions

Announcement No. (1929)

The latest daily currency auction was held in the Central Bank of Iraq on the 30-JUN-2011. The results were as follows:

Details Notes

Number of banks 19

Auction price selling dinar / US$ 1170

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

Amount sold at auction price (US$) 175,382,000

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

Total offers for buying (US$) 175,382,000

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

[tamiflyer]

Announcement No. (1929)

The latest daily currency auction was held in the Central Bank of Iraq on the 30-JUN-2011. The results were as follows:

DetailsNotesNumber of banks19Auction price selling dinar / US$1170Auction price buying dinar / US$-----Amount sold at auction price (US$)175,382,000Amount purchased at Auction price (US$)-----Total offers for buying (US$)175,382,000Total offers for selling (US$)-----

[The Machine]

Announcement No. (1929)

The latest daily currency auction was held in the Central Bank of Iraq on the 30-JUN-2011. The results were as follows:

DetailsNotesNumber of banks19Auction price selling dinar / US$1170Auction price buying dinar / US$-----Amount sold at auction price (US$)175,382,000Amount purchased at Auction price (US$)-----Total offers for buying (US$)175,382,000Total offers for selling (US$)-----

already posted .... ha ha I beat you to it lol

[cgbrown]

Would there be a need for the auctions if an RV was to occur today? Just asking!

[tamiflyer]

already posted .... ha ha I beat you to it lol

LOL. Nice to see that we are all on the road and on the same direction. Good luck to all of us.

[Ironwolf1974]

Would there be a need for the auctions if an RV was to occur today? Just asking!

Seems to me no.

But then again the meeting between CBI/IMF/Iraq blah blah is happening like right now. Supposed to have some report at 2pm there time.

So who knows.

[cgbrown]

DON'T WORRY Mods will merge the two later.

[The Machine]

Would there be a need for the auctions if an RV was to occur today? Just asking!

I really dont think they have any impact on the RV ..... think of it this way, the banks need this money for daily operational tasks right so what if they were meant to RV later today and none of the banks got any money in the auction then something happens, some kind of technical hold up and theres no RV ...... the banks got no money they have to close for the day ..... it makes sense for them to cover themselves IMO.

[sportfisher]

yes, they certainly could squeeze in an auction even on a RV day, and the day after. Why wouldn't they, they are receiving IQD for the sale of foreign currency.

Edited June 30, 2011 by sportfisher