Thread: Iraq/Dinar News up until March 28th 8PM CT.

"The Iraqi Central Bank announced the adoption of buying and selling rates for the dollar on Monday, March 19, 2007 until the end of office hours on Sunday, which falls on March 25, 2007. "



A week with no move. Sounds to me like a last chance for banks and their people to offload their dollars.........Next week could be very interesting as Mike would say.

Bush speech in 30 minutes guys. Sure there will be plenty of, 'it's working/security is improving/thanks, we need more time/be patient' etc. But always good to hear GW on Iraq.

Originally Posted by Adster

"The Iraqi Central Bank announced the adoption of buying and selling rates for the dollar on Monday, March 19, 2007 until the end of office hours on Sunday, which falls on March 25, 2007. "



A week with no move. Sounds to me like a last chance for banks and their people to offload their dollars.........Next week could be very interesting as Mike would say.

Are they saying there will be no more auctions this week, or that the buy/sell rates will remain the same while they continue with them?

Originally Posted by Zimi31

Are they saying there will be no more auctions this week, or that the buy/sell rates will remain the same while they continue with them?

they did the same the last time to update software as well as some of their holidays, so it means there will be no auction for that time period. hopefuly they open it back up with a Reval.

Originally Posted by Zimi31

Are they saying there will be no more auctions this week, or that the buy/sell rates will remain the same while they continue with them?

I'm sure there will be auctions this week - and at the current rate i'm afraid.

Now, if we're wrong and there are no new auctions this week... well, i'm looking forward to something happening on the 26th then...

Originally Posted by Adster

"The Iraqi Central Bank announced the adoption of buying and selling rates for the dollar on Monday, March 19, 2007 until the end of office hours on Sunday, which falls on March 25, 2007. "



A week with no move. Sounds to me like a last chance for banks and their people to offload their dollars.........Next week could be very interesting as Mike would say.

WOoTTTT!!!!!
as i would say,