Central Bank: $ 155 million sales of currency Thursday auction

[yota691]

The Central Bank of Iraq sells foreign currency at $ 159 million today

Central Bank of Iraq - Basra Branch

 17 February 2019 02:57 PM

The Central Bank of Iraq (CBE) data showed foreign currency sales fell by $ 159.02 million on Sunday, compared with $ 162.99 million in Thursday's auction, down $ 3.97 million.

According to the statement issued by the Central Iraqi today, the exchange rate was 1190 dinars per dollar, in the auction held with the participation of 31 banks.

The central bank said in its statement that the sales executed today are the results of the day on Monday, adding that the total sales totaled 184.5 million dollars.

The volume of funds sold to boost bank balances abroad amounted to $ 157.74 million, while total cash sold was estimated at $ 1.35 million.

The amounts transferred to the accounts of banks abroad were sold at a price of 1190 dinars per dollar, and the cash sale will be at the same price, according to the statement.

In the latest auction , the Central Bank of Iraq showed total foreign currency sales to $ 162.99 million, compared to $ 153.68 million in Wednesday's auction.

[ronscarpa]

February 17, 2019

CBI - Foreign Currency Selling Window for Monday, 18/2/2019 that performed on Sunday, 17/2/2019

Announcement No.(3895)

                          Sale Date - Monday, 18/2/2019  performed on Sunday, 17/2/2019

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	157,742,129
Total sale cash	26,760,000
Total sale amount	184,502,129

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.

* Schedule of sales of the Central Bank of Iraq for foreign currency (amounts in thousands of dollars) on Monday 2019/2/18 and implemented on Sunday, 2019/27

******************* IQD Currency Exchange Rates *******************

 

• Exchange Rates

US dollar	USD	1190.000
Euro	EUR	1340.892
Pound sterling	GBP	1524.033
Canadian dollar	CAD	894.871
Swiss franc	S.FR	1179.736
Swedish krona	SEK	128.356
Norwegian krone	NOK	137.407
Danish krone	DKK	179.709
Japanese yen	JPY	10.721
Chinese Yuan	CNY	175.859
Australian dollar	AUD	847.161
Special drawing rights	SDR	1648.733
Gold for 24-ounce	Gold	1550133.900

 

[Artitech]

Well no Rv on Monday the 18th ! So much for the 3 day bank holiday! Back to the drawing board!

Edited February 17, 2019 by Artitech
For got word .

[Jaygo]

53 minutes ago, Artitech said:

Well no Rv on Monday the 18th ! So much for the 3 day bank holiday! Back to the drawing board!

😭

[NoviceInvestor]

Still the auctions prevail ..

[Floridian]

1 hour ago, Artitech said:

Well no Rv on Monday the 18th ! So much for the 3 day bank holiday! Back to the drawing board!

 

I don't think Shabibi meant a US 3-day bank holiday.  

I think he was talking about Iraq needs a 3-day bank holiday.

[jb4388]

14 minutes ago, Floridian said:

 

I don't think Shabibi meant a US 3-day bank holiday.  

I think he was talking about Iraq needs a 3-day bank holiday.

Pick one.... This is from the ISX probably for Banks as well.

 

The holidays in 2019,Iraq Stock Exchange will not hold the trading sessions:

1-Every Friday and Saturday is formal Holiday.
2-New Year's Day on Tuesday 1/1/2019.
3-The Army Day on Sunday6/1/2019.
4-NowruzDay on Thursday 21/3/2018.  and...(-Every Friday and Saturday is formal Holiday.)
5-The world Labor Day on Wednesday 1/5/2019.
6-Eid Al-Fatter start on (4,5,6/6/2019) .
7-The Iraq National day on Sunday14/7/2019. and...(-Every Friday and Saturday is formal Holiday.)
8-Eid Al-Adha start on (11,12,13,14/8/2019).
9-The Islamic new year Saturday 31/8/2019.
10-The Tenth of Mohram Monday 9/9/2019.
11-The prophet of Mohammed Birthday Saturday9/11/2019.
12-The Victory day on Tuesday 10/12/2019.
13-The Christmas Day 25/12/2019.

And if there any sudden holiday in future we will let you know asap.

http://www.isx-iq.net/isxportal/file...2_1_9_2_49.pdf

[Floridian]

52 minutes ago, jb4388 said:

Pick one.... This is from the ISX probably for Banks as well.

 

The holidays in 2019,Iraq Stock Exchange will not hold the trading sessions:

1-Every Friday and Saturday is formal Holiday.
2-New Year's Day on Tuesday 1/1/2019.
3-The Army Day on Sunday6/1/2019.
4-NowruzDay on Thursday 21/3/2018.  and...(-Every Friday and Saturday is formal Holiday.)
5-The world Labor Day on Wednesday 1/5/2019.
6-Eid Al-Fatter start on (4,5,6/6/2019) .
7-The Iraq National day on Sunday14/7/2019. and...(-Every Friday and Saturday is formal Holiday.)
8-Eid Al-Adha start on (11,12,13,14/8/2019).
9-The Islamic new year Saturday 31/8/2019.
10-The Tenth of Mohram Monday 9/9/2019.
11-The prophet of Mohammed Birthday Saturday9/11/2019.
12-The Victory day on Tuesday 10/12/2019.
13-The Christmas Day 25/12/2019.

And if there any sudden holiday in future we will let you know asap.

http://www.isx-iq.net/isxportal/file...2_1_9_2_49.pdf

 

The next 3 day holiday is:  NowruzDay on Thursday 21/3/2018.  and...(-Every Friday and Saturday is formal Holiday.)

So if nothing happens before March, I'll be looking forward to March 21st.  It's still in the first quarter of the year.

Thanks JB.  😊

[pokerplayer]

I really like your break downs of articles. You seem to me to be a really Intelligent sort. With a good memory for details on articles.

 

Just wanted to say thanks F

 

   pp

[Half Crazy Runner]

11 minutes ago, Floridian said:

 

The next 3 day holiday is:  NowruzDay on Thursday 21/3/2018.  and...(-Every Friday and Saturday is formal Holiday.)

So if nothing happens before March, I'll be looking forward to March 21st.  It's still in the first quarter of the year.

Thanks JB.  😊

 

Also, they’re not opposed to making up their own new excuses for additional holidays...

[Floridian]

1 minute ago, Half Crazy Runner said:

 

Also, they’re not opposed to making up their own new excuses for additional holidays...

 

Absolutely!  😂

[Carrello]

1 hour ago, Floridian said:

 

I don't think Shabibi meant a US 3-day bank holiday.  

I think he was talking about Iraq needs a 3-day bank holiday.

Floridian, back when Dr. Shabibi made this statement, Iraq's electronic banking technology was not as advanced as it is today. Perhaps 3 days is not required any longer. 

[Floridian]

16 minutes ago, Carrello said:

Floridian, back when Dr. Shabibi made this statement, Iraq's electronic banking technology was not as advanced as it is today. Perhaps 3 days is not required any longer. 

 

Hmmmmm.

I never gave that a thought.

Thank you, Carrello.  You could be right.  😊

[Half Crazy Runner]

41 minutes ago, Carrello said:

Floridian, back when Dr. Shabibi made this statement, Iraq's electronic banking technology was not as advanced as it is today. Perhaps 3 days is not required any longer. 

 

I bet you’re right    

[NoviceInvestor]

4 hours ago, Artitech said:

Well no Rv on Monday the 18th ! So much for the 3 day bank holiday! Back to the drawing board!

True, No RV this Monday but it has been an interesting past week of speculation and expectancy .. Who knows maybe next Monday???? 😀

Edited February 17, 2019 by NoviceInvestor

[jb4388]

At a 1:1 an exchange could happen almost anytime. 

Let that run a little while then up the rate to 1: $1:20 over a long weekend and the banks (who held those early dinars ( perhaps in America)) would come away nicely.

[Artitech]

2 minutes ago, NoviceInvestor said:

True, No RV this Monday but it has been an interesting past week of speculation and expectancy .. Who knows maybe next Monday???? 😀

I wrote this before I heard about the Supreme Court ruling. I really think we are at the end of the ride! We know the budget has been passed and in Gazette! With this ruling news coming out which is big, I think this is going to be a very interesting week to say the least!! Sure would be great to see the end of MCP this week!!! JMHO 

[ChuckFinley]

1 hour ago, NoviceInvestor said:

True, No RV this Monday but it has been an interesting past week of speculation and expectancy .. Who knows maybe next Monday???? 😀

Nice to see you staying positive NoviceInvestor. There was a lot of positives over these last two weeks. Major agrements that have been inactivated literary overnight. 

[yota691]

Central Bank: $ 152 million sales of foreign currency auction Monday

Central Bank of Iraq - Basra Branch

 18 February 2019 03:36 PM

The Central Bank of Iraq (CBE) data showed a decline in sales of foreign currency by Monday, to 152.14 million dollars, compared with sales of 159.02 million dollars on Sunday, down 6.88 million dollars.

According to the statement issued by the Central Iraqi, the exchange rate was 1190 dinars per dollar, in the auction held with the participation of 30 banks.

The Central Bank said that the sales executed today are the results of Tuesday, adding that the total sales totaled 174.82 million dollars.

The Central Bank pointed out that the volume of funds sold to strengthen the bank balances abroad amounted to 151.24 million dollars, while the total cash sold was estimated at 900 thousand dollars.

The amounts transferred to the accounts of banks abroad were sold at a price of 1190 dinars per dollar, and the cash sale will be at the same price, according to the statement.

In Sunday's auction , the Central Bank of Iraq showed sales of foreign currency fell to $ 159.02 million, compared with $ 162.99 million in Thursday's auction.

[yota691]

22 hours ago, Artitech said:

Well no Rv on Monday the 18th

Of this month today!! ...or next month of March the 18th falls on Monday, then it would be Nov before the next 18th on a Monday..

[ronscarpa]

February 18, 2019

CBI - Foreign Currency Selling Window for Tuesday-19/2/2019 performed on Monday-18/2/2019

Announcement No.(3896)

                          Sale Date - 19/2/2019 performed on  Monday-18/2/2019

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	151,241,366
Total sale cash	23,580,000
Total sale amount	174,821,366

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.

 

* Schedule of sales of the Central Bank of Iraq for foreign currency (amounts in thousands of dollars) on Tuesday 2019/2/19 and implemented on Monday 2019/2/18

 

[ronscarpa]

( Updated: 2/18/2019 )

Official Central Bank of Iraq (CBI) Dinar Rate: 

1190 IQD to 1 USD  

Dinar Market Rate:

(CBI last reported 2-18-2019)

1193.091 IQD to 1 USD  

- Rates Are Within IMF 2% Rule: YES 

- Are Rates IMF 2% Rule Compliant for 90 Days:YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018)

 

[Desertmedic2009]

The sun will come out “tomorrow”. Hopefully!

[ronscarpa]

 February 19, 2019

CBI - Foreign Currency Selling Window for Wednesday, 20/2/2019 that was performed on Tuesday, 19/2/2019

Announcement No.(3897)

                          Sale Date - Wednesday, 20/2/2019t performed on Tuesday, 19/2/2019

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	149,749,851
Total sale cash	24,600,000
Total sale amount	174,349,851

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.

Link: * Schedule of sales of the Central Bank of Iraq for foreign currency (amounts in thousands of dollars) on Wednesday 2019/2/20 and implemented on Tuesday 2019/2/19

 

[pokerplayer]

Thxs Ron. I love your dependability.    

 

   pp