Sunday, January 16, 2011

1-16-11 CBI Auction results for today

Announcement No. (1814)

The latest daily currency auction was held in the Central Bank of Iraq on the 16-JAN-2011. The results were as follows:
DETAILSNOTES
Number of banks16
Auction price selling dinar / US$1170
Auction price buying dinar / US$-----
Amount sold at auction price (US$)149,188,000
Amount purchased at Auction price (US$)-----
Total offers for buying (US$)149,188,000
Total offers for selling (US$)-----


There are many who believe that when the CBI has an auction, we won't see an RV the same day.  Since there was an auction today, they would be inclined to believe there will be no RV today.

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