Central sales of hard currency rose to 145 million

[yota691]

Sales of the Central Bank of the currency go down 3 million USD

The exchange rate was 1190 dinars per dollar  

 

 

 

 29 April 2018 12:17 PM

The Central Bank of Iraq (CBI)'s foreign exchange sales fell to 154.17 million dollars on Sunday, compared with 157.56 million dollars on Thursday, down 3.39 million dollars.

The central bank said in a statement that the exchange rate was 1190 dinars per dollar in the auction held with the participation of 35 banks and two financial transfer companies.

The total sales of the day were $ 210.97 million, the bank said.

Amounts sold to strengthen bank balances abroad were $ 152.55 million, while cash sales were estimated at $ 1.62 million.

The Central Bank said in a statement that the sale of the amounts transferred to the accounts of banks abroad is at the price of 1190 dinars per dollar, while the cash sale will be at the same price.

[yota691]

 

Central Bank sells 210 million dollars in the auction today

 

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BAGHDAD (Reuters) 

- Iraq's central bank announced Sunday it was selling at an auction selling more than $ 210 million in an auction. 

The Central Bank said in a statement received by "Al-Ghad Press" that "the total amount sold from the dollar amounted to 210 million and 966 thousand and 911 dollars, with the participation of 35 banks and 3 companies for financial transfer."

He added that "the total sale for purposes of strengthening the assets abroad of remittances and credits amounted to 152 million 546 thousand and 911 dollars and the total cash sales amounted to 58 million and 420 thousand dollars." 

The statement said that "the sale of amounts transferred to the accounts of banks abroad and selling cash at 1190 dinars per dollar." 

The Central Iraqi sales last week amounted to 148.41 million dollars.

[nannab]

Thanks Yota. We are getting there!  

Good morning DV 

[Jaygo]

Up and down up an down. Blah!! 

[SocalDinar]

Central Bank of Iraq Auctions $210,966,911 on 29 April 2018

 

by Ibrahim KhalilApr 29, 2018, 1:45 pm

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Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on April 29 registered $210,966,911 in sales, a 6.84% volume increase from the US $197,457,640 sold by Iraqi Dinar, credit and transfer at the previous auction held on April 26.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on April 29 compared to the previous auction.

Data for the April 29 auction was made public by CBI Announcement Number 3687.

Dollar sales in the in the period January 1, 2018 to April 29, 2018 saw an increase of -1% compared to the sales of US $11.5 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to April 2018, sales of US dollars averaged US $1.89 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

YEAR	MONTH	US DOLLAR SALES IN BILLIONS	INCREASE/(DECREASE) COMPARED TO THE PREVIOUS MONTH
2017	January	2.2	–
2017	February	2	-9%
2017	March	2.1	5%
2017	April	1.8	-14%
2017	May	2.3	28%
2017	June	0.6	-74%
2017	July	2.2	267%
2017	August	2.1	-5%
2017	September	1	-52%
2017	October	2.2	120%
2017	November	1.9	-14%
2017	December	1.9	0%
2018	January	2.2	16%
2018	February	2	-9%
2018	March	1.9	-5%
2018	April	1.9	0%   https://www.iraqinews.com/business-iraqi-dinar/central-bank-of-iraq-auctions-210966911-on-29-april-2018/

[yota691]

Central sales of foreign currency falling 17 million dollars

 

Currency     Market Economy News Baghdad The central bank's foreign currency sales fell Monday to 137.29 million dollars from 154.17 million dollars on Sunday, down 16.88 million dollars . The Central Bank said in a statement read by "Economy News" that "the exchange rate amounted to 1190 dinars per dollar, the auction held with the participation of 30 banks, and two financial transfer ." "These sales are the outcome of the auction scheduled for Tuesday," the bank said, adding that "total sales for the day amounted to about 152 million dollars ." Amounts sold to strengthen bank balances abroad were $ 136.21 million, while cash sales were estimated at $ 1.08 million . The Central Bank, according to the statement, "The sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the cash sale will be at the same price." Views 28   Date Added 30/04/2018

[yota691]

The central bank is witnessing a decline in sales of the currency auction

 

 Since 2018-04-30 at 14:18 (Baghdad time)

Baghdad Mawazine News

The central bank's foreign currency sales, with Monday's auction, fell by $ 16.88 million.

"The exchange rate reached 1190 dinars per dollar in the auction held with the participation of 30 banks and two financial transfer companies," the Central Bank said in a statement received by Mawazine News.

He added that "these sales are the outcome of the auction scheduled for Tuesday," asserting that "the total sales of this day amounted to about 152 million dollars."

Amounts sold to strengthen bank balances abroad amounted to $ 136.21 million and cash sales were estimated at $ 1.08 million.

The central bank said that the sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the cash sale will be at the same price.

Yesterday, the central bank sold more than 210 million dollars in the auction.

is over

[Synopsis]

Here is the CBI week day daily currency auction for today that occurs for Wednesday, not tomorrow. So, it looks like tomorrow is an official holiday for all of Iraq.

 April 30, 2018

Foreign Currency Selling Window for 2/5/2018 that performed on 30/4/2018

 

Announcement No.(3689)

                          Sale Date - 2/5/2018 that performed on 30/4/2018

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	143,567,874
Total sale cash	30,800,000
Total sale amount	174,367,874

Note:

• Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar.
• Cash selling price is (1190) ID for each Dollar.

Could be somethin'. Could be nothin'.

 

In The Mean Time..............................

 

Go Moola Nova (YEAH, BABY!!!)!!!

[King Bean]

51 minutes ago, Synopsis said:

So, it looks like tomorrow is an official holiday for all of Iraq.

 

          Yup...Labor Day. Anybody else find the irony in that ?? 

[ChuckFinley]

Yes and the sad part is I know people like that.  

[TOMINVEGAS]

So.... exactly when are they going to stop the auctions and start the MR and get the banking system working? 

[SocalDinar]

21 hours ago, TOMINVEGAS said:

So.... exactly when are they going to stop the auctions and start the MR and get the banking system working? 

Soon

[ChuckFinley]

21 hours ago, TOMINVEGAS said:

So.... exactly when are they going to stop the auctions and start the MR and get the banking system working? 

I wish I knew. This thing is killing me. 

[yota691]

Central sales of hard currency rose to 145 million

 

Market Economy News _ Baghdad Iraq's central bank increased its foreign currency sales to 145.05 million dollars against 137.29 million dollars on Monday, an increase of 7.76 million dollars,  the Iraqi cabinet decided to suspend the work of the country on Tuesday on the occasion of the International Labor Day.  The central, in a statement obtained "economy News" a copy of it, the exchange rate amounted to 1190 dinars per dollar, in the auction held with the participation of 33 banks, and two financial transfer.  The total sales for the day were $ 164.45 million, the bank said.  Amounts sold to strengthen bank balances abroad were $ 143.97 million, while cash sales were estimated at $ 1.08 million. The Central Bank said in a statement that the sale of the amounts transferred to the accounts of banks abroad is at the price of 1190 dinars per dollar, while the cash sale will be at the same price. Views 10   Date Added 02/05/2018