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***** CBI Currency Auction 05-07-2011 *****


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Announcement No. (1932)

The latest daily currency auction was held in the Central Bank of Iraq on the 5-JULY -2011. The results were as follows:

Details Notes

Number of banks 16

Auction price selling dinar / US$ 1170

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

Amount sold at auction price (US$) 188,200,000

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

Total offers for buying (US$) 188,200,000

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

Edited by The Machine
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Thats what i thought, its always been updated before the auction results in the past, lets just see what happens, you watch it will be updated by the time i post this , you can bet :D

hahaha just checked no it wasnt :o

Edited by blonde_minx
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For the auctions that occurred Sunday, the indicative rates actually updated earlier than their normal times.

They updated 2:50 am to 2:55 am EST. Normally, they updated after 3:00 am EST and as late as 6-7:00 am EST.

Normally they have updated right at 10:00 am their time on numerous occassions, but I never really seen it happen before.

So Sunday, the IT guy was on the ball, Monday he must of taken the day off or something.

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For the auctions that occurred Sunday, the indicative rates actually updated earlier than their normal times.

They updated 2:50 am to 2:55 am EST. Normally, they updated after 3:00 am EST and as late as 6-7:00 am EST.

Normally they have updated right at 10:00 am their time on numerous occassions, but I never really seen it happen before.

So Sunday, the IT guy was on the ball, Monday he must of taken the day off or something.

blink.gif Ok.. now I am confused. Can someone please explain what this means?

... updated 2:50 am to 2:55 am EST.

...Normally, they updated after 3:00 am EST

...Normally they have updated right at 10:00 am

... but I never really seen it happen before. blink.gifhuh.gif

Is it just me???? ... or is this confusing as.... well, you get the picture. A little help here please! Thanks!

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