yota691 Posted August 12, 2018 Report Share Posted August 12, 2018 The central bank announces a rise in currency sales to 29 million dollars 02:05 - 12/08/2018 BAGHDAD (Reuters) - The Central Bank of Iraq (CBE) announced on Sunday that its currency sales rose to 166.83 million dollars, compared with 137.98 million dollars last Thursday, a 28.85 million dollar increase. "The exchange rate reached 1190 dinars per dollar, in the auction held with the participation of 35 banks, and one company only for financial transfer," the central bank said in a statement. The bank said that "these sales are the results of the auction on Monday," explaining that "total sales totaled $ 200.43 million." Amounts sold to strengthen bank balances abroad amounted to $ 165.33 million, while total cash sold was estimated at $ 35.1 million. The Central Bank, "the sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the sale of cash will be at the same price." Ended 29 / a 43 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 12, 2018 Author Report Share Posted August 12, 2018 Central: currency sales rise to 29 million Market Economy News _ Baghdad The Central Bank of Iraq's foreign currency sales rose to $ 166.83 million on Sunday, compared with sales of $ 137.98 million last Thursday, or $ 28.85 million. The Central Bank, in a statement received by "Economy News", the exchange rate amounted to 1190 dinars per dollar, in the auction held with the participation of 35 banks, and one company only for financial transfer. The bank said the sales were the results of the auction on Monday, explaining that the total sales totaled $ 200.43 million. Amounts sold to strengthen bank balances abroad amounted to $ 165.33 million, while total cash sold was estimated at $ 35.1 million. The Central Bank, 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. Views 14 Date Added 12/08/2018 3 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted August 12, 2018 Report Share Posted August 12, 2018 I wonder how much the daily currency auctions will be reduced when the blacklisting of the five Iraqi Banks kicks in..................... These currency auctions have kicked in on steroids the last few weeks when the US Sanctions on Iran were imminent. Possibly, these five Iraqi Banks were a life line to Iran for USD. Iran has been squawking about the cut in the flow of USD from Iraq to Iran. Hopefully this will accelerate the end game for Iran without a shot fired. We’ll see!!! In The Mean Time................................................ Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET ‘ER BUCK!!!)!!! 2 1 6 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 13, 2018 Author Report Share Posted August 13, 2018 5 hours ago, Synopsis said: I wonder how much the daily currency auctions will be reduced when the blacklisting of the five Iraqi Banks kicks in..................... Was hoping to see a big drop today.....figure it was already in play....let hope the numbers get lower...These corrupt folks are slick, they come up with some of off the walls scams.... 3 5 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted August 13, 2018 Report Share Posted August 13, 2018 20 minutes ago, yota691 said: Was hoping to see a big drop today.....figure it was already in play....let hope the numbers get lower...These corrupt folks are slick, they come up with some of off the walls scams.... I/We will keep watching and hoping, Yota, AND The Best Of Your Week To You!!! I am suspecting the financial streams above and below board are being choked and Iran will be brought to tow while the CBI Daily Currency Auction amounts will decrease with Iraq's benefit (hopefully with our's) skyrocketing!!! Thank You, Yota, for Your tireless efforts in bringing all the news articles over!!! In The Mean Time................................................ Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET ‘ER BUCK!!!)!!! 2 6 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 13, 2018 Author Report Share Posted August 13, 2018 Central: currency sales fall 2 million dollars Market Economy News _ Baghdad The central bank's foreign currency sales fell Monday to $ 165.21 million, compared with $ 166.83 million in yesterday's auction of $ 1.62 million. The Central Bank, in a statement received by "Economy News", the exchange rate amounted to 1190 dinars per dollar, in the auction held with the participation of 33 banks, and one company only for financial transfer. The bank said the sales were the result of tomorrow's auction, indicating total sales totaled $ 198.11 million. Amounts sold to strengthen bank balances abroad were $ 163.96 million, while total cash sold was estimated at $ 34.15 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 48 Date Added: 13/08/2018 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 14, 2018 Author Report Share Posted August 14, 2018 Tuesday, 14 August 2018 02:32 PM | Number of readings: Central sales rise to 166 million The Central Bank's foreign currency sales rose Tuesday to $ 166.94 million, compared with $ 165.21 million in yesterday's auction of $ 1.73 million. A statement by the bank received by "Iraq News", that "the exchange rate amounted to 1190 dinars per dollar, the auction held with the participation of 34 banks, and one company only for financial transfer." "These sales are the results of the auction on Thursday," the statement said, adding that total sales totaled $ 196.74 million. He added that "the volume of funds sold to strengthen the bank balances abroad amounted to 165.44 million dollars, while the total cash sold was estimated at 31.3 million dollars." He explained 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." Finished 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 14, 2018 Author Report Share Posted August 14, 2018 The Central Bank of Iraq announces the increase of its sales of about two million dollars 03:14 - 14/08/2018 BAGHDAD (Reuters) - Iraq's central bank's foreign currency sales rose to $ 166.94 million on Tuesday, compared to $ 165.21 million in yesterday's auction of $ 1.73 million. "Foreign exchange sales rose Tuesday to 166.94 million dollars against sales of 165.21 million dollars in yesterday's auction at 1.73 million dollars," the bank said in a statement received by Mawazine News. Dinars per dollar, in the auction held with the participation of 34 banks, and one company only for financial transfer. "Sales are the results of Thursday's auction," the statement said, adding that total sales totaled $ 196.74 million. He pointed out that "the volume of funds sold to strengthen the bank balances abroad, amounted to 165.44 million dollars, while estimated total cash sold by 31.3 million dollars," noting that "the sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, The cash will be at the same price. " 2 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted August 15, 2018 Report Share Posted August 15, 2018 (edited) Here is a listing of the CBI currency auctions since August 1, 2018. Foreign Currency Selling Window for 21/8/2018 that performed on 15/8/2018 Foreign Currency Selling Window for 20/8/2018 that performed on 15/8/2018 Foreign Currency Selling Window for 19/8/2018 that performed on 14/8/2018 Foreign Currency Selling Window for 16/8/2018 that performed on 14/8/2018 Foreign Currency Selling Window for 15/8/2018 that performed on 13/8/2018 Foreign Currency Selling Window for 14/8/2018 that performed on 13/8/2018 Foreign Currency Selling Window for 13/8/2018 that performed on 12/8/2018 Foreign Currency Selling Window for 12/8/2018 that performed on 9/8/2018 Foreign Currency Selling Window for 9/8/2018 that performed on 8/8/2018 Foreign Currency Selling Window for 8/8/2018 that performed on 7/8/2018 Foreign Currency Selling Window for 7/8/2018 that performed on 6/8/2018 Foreign Currency Selling Window for 6/8/2018 that performed on 5/8/2018 Foreign Currency Selling Window for 5/8/2018 that performed on 2/8/2018 Foreign Currency Selling Window for 2/8/2018 that performed on 1/8/2018 https://cbi.iq/currency_auction/all Typical schedule of daily weekday CBI currency auctions until Monday, August 13 where two auctions are held for consecutive future days. This may have something to do with the upcoming Eid al-Adha holiday week in Iraq but may also have to do with the sanctions with Iran to allow more time to monitor the transactions through the CBI currency auctions. Here is a listing of the USD available for the day (past and future): August 2 188,110,710 August 5 184,695,406 August 6 180,339,384 August 7 165,530,812 August 8 174,648,900 August 9 174,136,928 August 12 170,375,589 August 13 200,428,439 August 14 196,672,760 August 15 198,113,068 August 16 196,735,107 August 19 179,828,722 August 20 169,837,749 August 21 160,674,285 Seems like there was a dip in the CBI daily weekday currency auction amount when the USD sanctions against Iran kicked in on Tuesday, August 7 and then worked their way up for this coming Monday but are on their way back down again. It will be interesting to note what the CBI daily weekday currency auctions look like tomorrow to see if they are for both next Wednesday and next Thursday throughout the Eid al-Adha holiday to possibly include the next Thursday auction for Sunday the 26th. Accordingly, there may not be any CBI daily weekday currency auctions at all next week. Eid al-Adha 2018 in Iraq will begin in the evening of Tuesday, August 21 and ends in the evening of Saturday, August 25 Dates may vary. So, with the CBI daily weekday currency auctions completed a week (not a only a day as in the past) ahead, will that give the CBI the necessary time to complete and implement any needed "financial", "economic", and/or ANY "monetary" reforms???!!! In The Mean Time........................................................ Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!! Edited August 15, 2018 by Synopsis 1 8 Quote Link to comment Share on other sites More sharing options...
Floridian Posted August 15, 2018 Report Share Posted August 15, 2018 5 minutes ago, Synopsis said: So, with the CBI daily weekday currency auctions completed a week (not a only a day as in the past) ahead, will that give the CBI the necessary time to complete and implement any needed "financial", "economic", and/or ANY "monetary" reforms???!!! Hmmmmm. Very interesting! 😊 1 Quote Link to comment Share on other sites More sharing options...
Adam Montana Posted August 15, 2018 Report Share Posted August 15, 2018 Great observation, @Synopsis - thanks for the post! 2 3 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted August 15, 2018 Report Share Posted August 15, 2018 4 hours ago, Adam Montana said: Great observation, @Synopsis - thanks for the post! Thank You, @Adam Montana, for all You AND Your affiliates do for us!!! Go Moola Nova! 1 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted August 16, 2018 Author Report Share Posted August 16, 2018 16-08-2018 All times are GMT +3 Central bank sales of foreign currency fell The central bank's foreign currency sales fell to $ 126.37 million on Thursday, compared to sales of $ 130.97 million at the second auction on Wednesday, at $ 4.6 million. "The exchange rate reached 1190 dinars per dollar, at the auction held with the participation of 32 banks, and one company only for financial transfer." The statement added that 'sales are the results of the auction next Wednesday,' explaining that 'total sales totaled $ 155.77 million'. He added that 'the volume of funds sold to strengthen banks' assets abroad amounted to 125.62 million dollars, while the total cash sold was estimated at 30.15 million dollars'. He explained 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'. 3 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted August 16, 2018 Report Share Posted August 16, 2018 Keep on dropping! Quote Link to comment Share on other sites More sharing options...
Synopsis Posted August 16, 2018 Report Share Posted August 16, 2018 Hey, hey, folks!!! Two CBI currency auctions were held TODAY!!! Foreign Currency Selling Window for 23/8/2018 that performed on 16/8/2018 Foreign Currency Selling Window for 22/8/2018 that performed on 16/8/2018 https://cbi.iq/currency_auction/all Here are the results: August 16, 2018 Foreign Currency Selling Window for 22/8/2018 that performed on 16/8/2018 Announcement No.(3769) Sale Date - 22/8/2018 that performed on 16/8/2018 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 125,617,391 Total sale cash 30,150,000 Total sale amount 155,767,391 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. https://cbi.iq/currency_auction/view/374 August 16, 2018 Foreign Currency Selling Window for 23/8/2018 that performed on 16/8/2018 Announcement No.(3770) Sale Date - 23/8/2018 that performed on 16/8/2018 Details Amount Total sale for the purpose of strengthen outside assets (Transfers and credits) 92,751,000 Total sale cash 27,600,000 Total sale amount 120,351,000 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. https://cbi.iq/currency_auction/view/375 Here is a copy from the post above with today's information added: August 2 188,110,710 August 5 184,695,406 August 6 180,339,384 August 7 165,530,812 August 8 174,648,900 August 9 174,136,928 August 12 170,375,589 August 13 200,428,439 August 14 196,672,760 August 15 198,113,068 August 16 196,735,107 August 19 179,828,722 August 20 169,837,749 August 21 160,674,285 August 22 155,767,391 August 23 120,351,000 There is currently no information for the typical Thursday CBI weekday daily currency auction for Thursday, August 23 for Sunday, August 26. Today is Thursday and the Eid al-Adha holiday is Tuesday, August 21 through Saturday, August 25 in Iraq so I'm not sure if a CBI weekday daily currency auction is planned for next Thursday. Not sure if this means anything at all with respect to the Bicraqi Iraqi Dinar comparative values to other currencies and the timing for any changes, if any. Just an observation. In The Mean Time........................................................ Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!! 1 4 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.