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As usual nothing has changed

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As usual nothing has changed Empty As usual nothing has changed

Post by c969696 Thu Jan 12, 2012 6:37 am

Currency Auctions
Announcement No. (2055)

The latest daily currency auction was held in the Central Bank of Iraq on the 12-JAN-2012. The results were as follows:

DETAILS NOTES
Number of banks 23
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ -----
Amount sold at auction price (US$) 266,765,000
Amount purchased at Auction price (US$) -----
Total offers for buying (US$) 266,765,000
Total offers for selling (US$) -----
Exchange rates

Dollar's exchange rates / in Baghdad markets

Copyright © 2012. Central Bank of Iraq. All rights reserved. Please


Read more: http://dinarvets.com/forums/index.php?/topic/99723-currency-auctions/#ixzz1jF8DDude

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As usual nothing has changed Empty Re: As usual nothing has changed

Post by az-tex Thu Jan 12, 2012 6:43 am

True that...

CurrencyCodeSellBuy
US dollarUSD1170.0001168.000
EuroEUR1488.0061487.262
British poundGBP1800.2791799.379
Canadian dollarCAD1147.9591147.385
Swiss francCHF1225.2591224.647
Swedish kronaSEK169.597169.512
Norwegian kroneNOK194.498194.400
Danish kroneDKK200.099199.999
Japanese yenJPY 15.21115.203
Special
Drawing Rights
SDR1784.4721783.580
Indicative rates - 12.01.2012

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As usual nothing has changed Empty Re: As usual nothing has changed

Post by 1alaskan Thu Jan 12, 2012 4:51 pm

There are some changes,

In the past twelve months the average auction had beed about 160 mill, in the past few weeks they are running above 200 and close to 300 mill.

http://thecurrencynewshound.com/2012/01/12/bloomberg-iraq-deplores-currency-attack-as-dollars-flow-to-syria-iran/

Bloomberg: Iraq Deplores ‘Currency Attack’ as Dollars Flow to Syria, IranPosted: January 12, 2012 in Iraqi Dinar/Politics
Tags: Baghdad, Central bank, Hard currency, iran, Iraq, Iraqi dinar, Syria, United States dollar Iraq’s central bank said it’s under a “currency attack” as traders buy U.S. dollars in daily auctions and resell them on the black market inSyria and Iran, which face hard currency shortages due to sanctions.

Demand for the greenback at the central bank auctions has risen since November to about $200 million to $300 million a day, compared with about $160 million in the prior 12 months, the deputy central bank governor, Mudher Salih, said in an interview in Baghdad Jan. 10.

Read More: http://bloom.bg/ziOaQV


*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant


Yesterday would have been better, but today is a good day

Remember as always, JMHO
Rantings from just north of sixty

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