Stability of the exchange rate of the Iraqi dinar and some currencies at closing

[WheresmyRV?]

I wonder how many days now that they have been within the 2% compliance.

 

[slb]

If there is no profit,there is no need for an auction. Then what.......😊

[Gypsygirl11]

31 minutes ago, WheresmyRV? said:

I wonder how many days now that they have been within the 2% compliance.

 

I think 60 days...I could be wrong.

[gregp]

About 90 days.  

[Pitcher]

I think you might be right on.  I want to get all excited about the 29th but it is Iraq and there is an election. Also, Ramadan starts May 16th.  

 

I like to to think in terms of a window of opportunity.  For me the end of March to end of June is a good window of opportunity considering all Iraq is getting accomplished.  The news is very good these days.

 

 

[Pitcher]

The exchange rate of the US dollar, on Saturday, a decline in the Iraqi stock exchanges against the dinar.
The price of selling the dollar in the stock market in Baghdad today 120 thousand and 250 dinars and the purchase price 120 thousand and 200 dinars compared to $ 100, while yesterday scored 121 thousand and 350 dinars and the purchase price 121 thousand and 300 dinars to $ 100.
The Arbil Stock Exchange was not traded due to the holiday holiday Neruz.
On the Basra Stock Exchange, the sale price today was 121,300 dinars, the purchase price 121 thousand and 250 dinars compared to 100 dollars, while 121 yesterday recorded the FAO 550 dinars, and the purchase price 121 thousand and 500 dinars against 100 dollars.

http://en.economiciraq.com/2018/03/24/the-dollar-continues-to-retreat-against-the-dinar-on-the-iraqi-stock-exchanges/

[ChuckFinley]

Thanks Pitcher,  looking for it to fall to 1 to 1.  

[jake21]

Don't hold your breath

 

[yota691]

Dollar exchange rates are stabilizing today in Iraq

By

 rami

 -

March 26, 2018

5

0

 

 

 

Foreign exchange markets in Baghdad, Monday morning, stabilized at the exchange rate of the dollar against the Iraqi dinar.
The market price in the Kifah Stock Exchange in Baghdad was 1210 dinars per dollar, or 121 thousand dinars for one hundred dollars.
The prices of selling and buying dollars in banking companies were:
The selling price of the dollar is 1215 dinars, ie 121 thousand and 500 dinars, for one hundred dollars.
The purchase price of the dollar is 1205 dinars, or 120 thousand and 500 dinars, for one hundred dollars.
Foreign exchange rates:
Euro World Price: 100 Euro = 123.65 USD
GBP World price: 100 pounds = 141.54 dollars
Turkish Lira World Price: $ 100 = 396.30 Turkish Lira.

[gregp]

GM, Yota. 

She’s holding steady captain.

 

Thanks. 

[yota691]

The dollar is stabilizing today in Iraq

Editorial date: 2018/3/26 9:44 • 167 times read

[Ayn-Baghdad] 
Foreign exchange markets in Baghdad, Monday morning, stabilized at the exchange rate of the dollar against the Iraqi dinar.

The market price in the Kifah Stock Exchange in Baghdad was 1210 dinars per dollar, or 121 thousand dinars for one hundred dollars. 
The prices of selling and buying dollars in banking companies were: 
the sale price of one dollar 1215 dinars, or 121 thousand and 500 dinars, for one hundred dollars. 
The purchase price of the dollar is 1205 dinars, or 120 thousand and 500 dinars, for one hundred dollars. 
Foreign Exchange Rates: 
Euro World Price: 100 Euro = 123.65 
GBP The World Price: 100 Bounds = 141.54 $ The 
Turkish Lira The International Price: $ 100 = 396.30 Turkish Lira.

[yota691]

Dollar and gold exchange rates in Iraq Tuesday

 

Market Economy News _ Baghdad The dollar exchange rate, Tuesday, fell against the dinar in the local currency market. According to the figures received by "Economy News", the price of selling the dollar in Baghdad today 120 thousand and 500 and the purchase price 121 thousand and 500 dinars to $ 100. On the Basra Stock Exchange, the sale price today recorded 123 thousand and 800 dinars, and the purchase price 124 thousand and 750 dinars for one hundred dollars. While the price of selling the dollar on the Arbil Stock Exchange today 124 thousand and 250 dinars, the purchase price 125 thousand and 200 dinars compared to $ 100, while yesterday was 125 thousand and 450 dinars, and the purchase price 125 thousand and 400 dinars compared to $ 100. The price of Iraqi gold, today, to 223 thousand dinars for one weight. The price of gold 21 caliber, today, 223 thousand and 500 dinars, while yesterday was also 221 thousand. It is noted that the weight of one gold is equal to 5 grams. Views 40   Date Added 03/27/2018

[gregp]

A solid 2%

 

Thanks, Yota.

[pokerplayer]

On 3/21/2018 at 2:32 PM, Donziman said:

Although the "target at CBI " is 1200    1214 is within the 2% 

 

I think I might of missed something ? Were did the 2% number come from and what is it's significance ?

 

  TY, pp

[gregp]

Just now, pokerplayer said:

 

I think I might of missed something ? Were did the 2% number come from and what is it's significance ?

 

  TY, pp

 

Their street rate is higher than the CBI rate.

They are trying to reach a single exchange rate.  

We’re hoping for the removal of the zeros at that time.  

The IMF wants the street rate and CBI rate within I believe 2% for about 3-months before they can flip the switch.  

They have been compliant since about the 10th of Feb.  

The Forex flatlined on about the 10th.  It remains flat. 👍👍

[pokerplayer]

1 minute ago, gregp said:

 

Their street rate is higher than the CBI rate.

They are trying to reach a single exchange rate.  

We’re hoping for the removal of the zeros at that time.  

The IMF wants the street rate and CBI rate within I believe 2% for about 3-months before they can flip the switch.  

They have been compliant since about the 10th of Feb.  

The Forex flatlined on about the 10th.  It remains flat. 👍👍

 

Thxs for the quick response gregp. Greatly appreciated.

 

  pp

[gregp]

2 minutes ago, pokerplayer said:

 

Thxs for the quick response gregp. Greatly appreciated.

 

  pp

Read the CBI news! 😁😁

[yota691]

A gradual decline in the exchange rate of the dollar on the stock exchange and domestic markets

 

Tuesday 27 March

 

 

 

Alsumaria News / Baghdad  , the US dollar exchange rate prices continued to decline against the Iraqi dinar to exchange the central struggle in Baghdad, local markets on Tuesday (March 27 2018).  Kifah Stock Exchange - Baghdad 120,600, while yesterday's prices were 121,000.  Selling and buying prices in the money  market The selling price of the dollar = 121,000 dinars.  The price of buying the dollar = 120.000 dinars

[nannab]

 We will be in the money. cha cha cha  

[jmartin1145]

2 minutes ago, nannab said:

 We will be in the money. cha cha cha  

That's Cha-chang, Cha-chang, Cha-chang

[Floridian]

33 minutes ago, yota691 said:

A gradual decline in the exchange rate of the dollar on the stock exchange and domestic markets

 

Tuesday 27 March

 

 

 

Alsumaria News / Baghdad  , the US dollar exchange rate prices continued to decline against the Iraqi dinar to exchange the central struggle in Baghdad, local markets on Tuesday (March 27 2018).  Kifah Stock Exchange - Baghdad 120,600, while yesterday's prices were 121,000.  Selling and buying prices in the money  market The selling price of the dollar = 121,000 dinars.  The price of buying the dollar = 120.000 dinars

 

Probably grasping at straws, but -

 

The price of buying the dollar = 120.000 dinars

 

The rate on the "alternative" CBI site is 1.2 dinars to the dollar.

 

http://cbi.3eyon-host.net

 

Edited March 28, 2018 by Floridian

[gregp]

48 minutes ago, Floridian said:

 

Probably grasping at straws, but -

 

The price of buying the dollar = 120.000 dinars

 

The rate on the "alternative" CBI site is 1.2 dinars to the dollar.

 

http://cbi.3eyon-host.net

 

 

More truth to this, than most would think 👍

[Floridian]

2 minutes ago, gregp said:

 

More truth to this, than most would think 👍

 

The reason this occurred to me is because we are just a few days shy of the end of the first quarter.

I'm hoping we get the RV in the next few days.

[cranman]

2 minutes ago, gregp said:

 

More truth to this, than most would think 👍

Mmmmmm. I don't know. I hope you're right. 

[Floridian]

6 minutes ago, gregp said:

 

More truth to this, than most would think 👍

 

What's your thinking on this, gregp?