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CBI had been recording record lows says BGG
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CBI had been recording record lows says BGG
by Ponee Thu Mar 06, 2014 9:52 am
3-6-2014 Newshound/Intel Guru BGG Article: "CBI records 163 million dollars in sales today" This is a couple of days old…I reposted it to make a couple of points…Recently they have been recording record lows…with 97,000,000 being the lowest in years.1) Key phrase…"He added that the bulletin showed that the number of banks participating in the auction today of 17 banks did not make any of them offers to sell the dollar.” <<< This implies the CBI DID NOT SELL any of the 17 banks USD…meaning they were selling them IQD ONLY.
2) Key phrase…"while the value of foreign
remittances 134 000 722 thousand dollars and the exchange rate was 1187 dinars per dollar…” – clearly makes the point there were “foreign remittances” – meaning NOT DINAR being remitted to the CBI…using the USD value as a baseline… FOR DINAR.
2) Key phrase…"while the value of foreign
remittances 134 000 722 thousand dollars and the exchange rate was 1187 dinars per dollar…” – clearly makes the point there were “foreign remittances” – meaning NOT DINAR being remitted to the CBI…using the USD value as a baseline… FOR DINAR.
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Re: CBI had been recording record lows says BGG
by Kevind53 Thu Mar 06, 2014 10:06 am
Nothing new really ....
Announcement No. (2618)
The latest daily currency auction was held in the Central Bank of Iraq on the 6-Mar-2014 results were as follows:
Announcement No. (2618)
The latest daily currency auction was held in the Central Bank of Iraq on the 6-Mar-2014 results were as follows:
| Details | Notes |
| Number of banks | 16 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | ----- |
| Amount sold at auction price (US$) | 146,573,000 |
| Amount purchased at Auction price (US$) | ----- |
| Total offers for buying (US$) | 146,573,000 |
| Total offers for selling (US$) | ----- |
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
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