17-2-2009 $1/1170 iqd

[fosking]

Announcement No.(1347)

The 1347 daily currency auction was held in the Central Bank of Iraq day Tuesday

17-2-2009 so the results were as follows :

Details

NotesNumber of banks

10

Auction price selling dinar / US $

1170

Auction price buying dinar / US $

-----

Amount sold at auction price (US $)

129.995.000

Amount purchased at Auction price (US $)

-----

Total offers for buying (US $)

129.995.000

Total offers for selling (US $)

-----

Dollar's exchange rates / in Baghdad markets

Exchange Rates

Price Bulletin Closure of the major currencies on Sunday 15-2-2009

CurrencyCurrency CodeSelling PriceBuying Price

US Dollar

USD
1170.000
1168.000

European Euro

EUR
1500.291
1499.541

British Pound

GBP
1698.489
1697.640

Canadian Dollar

CAD
941.044
940.573

Swiss Franc

CHF
1007.058
1006.554

Swedish Krona

SEK
140.162
140.092

Norwegian Kroner

NOK
172.071
171.985

Danish Krone

DKK
201.318
201.217

Japanese Yen

JPY
12.857
12.851
Special Drawing Rights
SDR
SDR
1744.809
1743.937

The above price represent reference rate and does not from any commitment on the Central Bank of Iraq

[REITman]

I had a feeling the other shoe would drop. Not drying up yet it seems.

[mailman17]

I had a feeling the other shoe would drop. Not drying up yet it seems.

still a pretty low 100 mill...( could of been closer to 200) lets see what the rest of the weeks does..

[SULTAAN]

Still 10 banks. One month without pip mm

[pypw]

This really need patience or else indeed boring

[Adster]

This really need patience or else indeed boring

Got boring 4 years ago!

[REITman]

still a pretty low 100 mill...( could of been closer to 200) lets see what the rest of the weeks does..

Not if it is truly drying up.

Yes it is the low end of the high volume MM. I would like to see 90's or less though. I remember the first 110,000,000 auction in early Dec. '06, this forum went nuts!. Now the whole scenario has changed and low auctions make us go nuts and for a good reason.

[pypw]

Got boring 4 years ago!

Hope one day we will get everything back .

[Sponson]

Oops! Wrong thread...

[Copedawg]

The demand hit $9.145 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $120.850 million in foreign transfers outside the country

And the CASH continues to dwindle

[SickNastyX2]

Is it April yet?

[Copedawg]

Cash dwindling is good news....

10,754,520,000 in cash
141,757,050,000 in transfers

152,511,570,000 Dinar sold to the CBI today

Maybe the cash drying up talk is true! I hope that would be good news.

[Money4Nothin']

Sometimes I think about Savoy Brown's Song "Train to Nowhere"

[SC Dinar]

At this rate, we might as well go an hibernate for the rest of the winter.

[RoyalBeluga]

At this rate, we might as well go an hibernate for the rest of the winter.

Or have ISX on the beach

[fosking]

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[RoyalBeluga]

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[jps]

Sometimes I think about Savoy Brown's Song "Train to Nowhere"

.....or my personal favorite...

"Hellbound Train"

[mailman17]

Got boring 4 years ago!

Wheres the reall Addy at???Who is that using his name and typing Blasphemy..SE? Baggy? J.P.? I will pay the ransom if you release Adster..unharmed of course, and we will do our best to un-brainwash him..

[Adster]

All a struggle these days chum, all a struggle!!