Thread: Iraq/Dinar News until 5/23/07 Midnight CST

Number of banks 16 -----
Auction price selling dinar / US $ 1261 -----
Auction price buying dinar / US $ 1259 -----
Amount sold at auction price (US $) 77.380.000 -----
Amount purchased at Auction price (US $) 1.000.000
Total offers for buying (US $) 77.380.000 -----
Total offers for selling (US $) 1.000.000 -----

Gooooooooooooooood Morning Rolclub


"The More They Take, The More We Make"
"Stay the Course, its the difference between Winners and whiners"


10.16 Trillion taken out and still the Party has not started


1. "1" Dinar rate change today, it was 1262, it is now 1261

2. A (net) worth of dinars, IQD - 96,315,180,000 pulled out of circulation today 5/14/07.

3. 16 banks participating today

4. 142nd auction since the beginning of CBI's reval plan

5. 226 days into the CBI's reval plan. (Seven Months +)

6. 10,163,539,338,000 dinars pulled from circulation !!

6A. Conservative ESTIMATE of Dinars still in circulation or controlled by the CBI 6,836,460,662,000

7. "1,259,000,000" Dinars back into circulation today

8. 216 dinar change since Oct 1st (baseline was 1477) 14.624% increase in value of the dinar since beginning of reval plan (Approximatly Oct 1st).

9. 2 point reduction in the rate so far this week. Was at 1263 at the end of last week, 1261 so far this week.

10. 8 point drop in the month of May. Ended at 1269 in April, now stands at 1261
In January we saw a 2.49% drop in the rate.
In February we saw a .928% drop in the rate.
In March we saw a .546% drop in the rate.
In April we saw a .3142% drop in the rate