Originally Posted by ;160973
Number of banks 11 -----
Auction price selling dinar / US $ 1295 -----
Auction price buying dinar / US $ ----- -----
Amount sold at auction price (US $) 65.810.000 -----
Amount purchased at Auction price (US $) -----
Total offers for buying (US $) 65.810.000 -----
Total offers for selling (US $) ----- -----
Gooooooooooooood Morning RolClub
I was kind of hoping that the info about the RV being cancelled was false, just to throw the speculators off track. Kind of like China did just before they revaled their curency. But by the numbers at the CBI it looks like business as usual. Like Oz said, one day we'll wake up then just go back to bed and wait for the banks to open. Unfortunately, today is not that day. We are still in the 60+ million dollar daily average at the CBI. That in itself is some encouragement, the more they pull out the tighter the squeeze on the dinars remaining in circulation. The temporary shortage at the US banks like Chase and others seems to have abated, maybe we have to see two or three more cycles like that before the supply is really dried up. To stay positive I just tell myself, "we are one day closer to the reval than we were yesterday." With that, here are today's numbers
1. A 0 point change in the dinar today. Was 1295, now 1295
2. A (net) worth of dinars, IQD - 85,223,950,000 pulled out of circulation today, 1/24/07
3. 11 banks participating today
4. 68th auction since the beginning of CBI's reval plan
5. 116 days into the CBI's reval plan.
6. 3,880,436,080,000 dinars pulled from circulation !!
7. 0 Dinars back into circulation today !!
8. 182 dinar change since Oct 1st (baseline was 1477) 12.322% increase in value of the dinar since beginning of reval plan (Approximatly Oct 1st).
9. 5 point reduction in the rate so far this week. Was at 1300 at the end of last week, 1295 this week.
10. 30 point drop so far in the month of Jan. Ended at 1325 in Dec, now stands at 1295