8Oct exchange rate?????????????

[phiberoptik]

not to get anyone fired up yet.. but the exchange rate didnt change much


i did how ever notice some things that are differnt.. and one that may or may not have been there before

todays rate is
Auction price selling dinar / US $ 1473


but if you scroll futher down where it breaks it down by currency theres this



Currency Code USD


Selling Price In IQD
1472.000

didnt this use to always reflect the cbi number?


and then theres this phrase which i dont know if it was there before or not


# Cash amounts sold to the bank and its customers were

i may be wrong but i dont recall them ever selling to customers.....

[phiberoptik]

ok after a lil research i was wrong

[TerryTate]

Hmm,

What happened to that phrase that always appeared on the exchange rate page... It was something along the lines of "The rate shown on Sunday will be the same on Monday due to the time difference between New York... etc. etc." Am I looking in the wrong place? Wonder why they would remove that? If it is gone.... Anyone feel free to set me straight.

Exchange Rates (http://www.cbiraq.org/cbs6.htm)

[tmorr37]

The Iraqi Central sells $ 74 million today
Baghdad - (Voices of Iraq)
Record demand for the dollar purchase auction in the Central Bank of Iraq at the beginning of this week's meetings today, Sunday, a big rise up to 74 million and 365 million from 49 million and 535 thousand dollars a hearing last Thursday.
A statement by the central Iraqi requests to buy dollars spread between 33 million and 105 thousand dollars in cash and 41 million and 260 thousand dollars in the form of remittances outside Iraq.
He pointed out that Central had covered the applications at the exchange rate of 1473 dinars to the dollar unchanged from the rate of last Thursday's meeting.
He attributed the Yasiri, owner of the Exchange News Agency (Voices of Iraq) Independent substantial rise in the volume of demand today, and 25 million of countries to the approach of the Eid al-Fitr holiday, and the consequent high demand for the American currency, providing the requirements of the feast.
He added that the second reason is the deteriorating security situation, which leads to the families travel outside the country and to transfer its funds in the form of foreign currency, The third reason is that today's meeting is the opening week after the cessation of the auction two days Therefore, where demand is high.