Exchange rate 10.01.06

[paganiniraq]

The 779 daily currency auction was held in the Central Bank of Iraq day Sunday 2006 / 10/ 1 so the results were as follows :


Number of banks 12 -----
Auction price selling dinar / US $ 1472 -----
Auction price buying dinar / US $ ----- -----
Amount sold at auction price (US $) 56.415.000 -----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $) 56.415.000 -----
Total offers for selling (US $) ----- -----

US Dollar
USD
1473.000
1472.264

European Euro
EUR
1868.795
1867.861

Sterling Pound
GBP
2756.867
2755.488

Canadian Dollar
CAD
1320.958
1320.297

Swiss Frank
CHF
1178.023
1177.434

Swedish Krone
SEK
201.430
201.330

Norwegian Krone
NOK
226.431
226.318

Denmark Krone
DKK
250.617
250.491

Japanese Yen
JPY
12.484
12.478

[Crow]

The CBI is sending a message,the value of the dinar is going up.Break 1470
it will move faster.

[Crow]

The CBI will have a target level,they will go to that level and see what happens.

[cory]

The CBI will have a target level,they will go to that level and see what happens.
where did this come from im begining to think they will keeep same rate and just rasie people salries. every week its more of the same people reading to much into the news leaning towards what they would like to see happen

[Crow]

They will be very cautious the world and investment community will be watching closely.Confidence in the dinar is crucial at this point.

[Crow]

Cory. Your right people see what what they want to happen,this CBI movement is the first real indication of anything in relation to the dinars value in a while.

[buck74]

Slow and steady increase in the dinar. Just like the little engine that could. This has been predicted by many wise people on this forum for a long time. Some have been branded as nays, but it is the common sense approach to growing a strong dinar. Not as sexy as a buck and a half, but it will get the job done even better over time. It will also instill confidence in the ISX. We will see. :D

buck

[Crow]

Yes, the ISX should start to rise.Banks and stock traders know now what to expect from the CBI.

[oldskiier]

The CBI is sending a message,the value of the dinar is going up.Break 1470
it will move faster.

And you know this how ????:)

[Crow]

I don't play I make money.

[ilj]

Could it be moving because of all of the rumors causing more people buying more dinars so the demand is up and then it will go back to where it was when the rumors die down?

[buck74]

Stock markets thrive on certainty, it is surprises they do not like. This is what makes bankers boring, and rich. ;)

[oldskiier]

I don't play I make money.

well that makes me feel alot better .....:lmao:

[wherbie]

Remember....Banks dont loan money to people who need it......

thats why there are " Pawn Shops "

[teamflatbottom]

thankyou very much.where did this come from im begining to think they will keeep same rate and just rasie people salries. every week its more of the same people reading to much into the news leaning towards what they would like to see happen

[Crow]

Oldskiier.Most of the time I invest by myself or with a small select group.I'm having fun on the forum,maybe my posts will help somebody.

[JJLL]

Once it break 1450 I'll be happy. I've seen it at 1459 before in the end of 2003

[teamflatbottom]

Thankyou againwhere did this come from im begining to think they will keeep same rate and just rasie people salries. every week its more of the same people reading to much into the news leaning towards what they would like to see happen

[Dinar Duchess]

XE.Com today showing the following

1.00 USD United States Dollars = 1,470.15 IQD Iraq Dinars

[teamflatbottom]

need to read this again.where did this come from im begining to think they will keeep same rate and just rasie people salries. every week its more of the same people reading to much into the news leaning towards what they would like to see happen

[F-12]

i bought in at 14.60...Now its commin down again...