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Central Bank: $ 182.7 million sales of currency Thursday auction


yota691
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Central Bank: $ 138.5 million sales of the currency auction Sunday

Central Bank: $ 138.5 million sales of the currency auction Sunday
Central Bank of Iraq - Basra Branch
 10 March 2019 12:44 PM

Mubasher: Sales of foreign currency in the Central Bank of Iraq in the auction held on Sunday, 138.55 million dollars, compared to sales last Thursday auction of $ 135.79 million, a rise of $ 2.75 million.

According to data from the Central Bank of Iraq issued on Sunday, the exchange rate amounted to 1190 dinars per dollar, in the auction held with the participation of 30 banks, as well as one financial transfer company.

The Central Bank said that the sales executed today are the results of tomorrow, indicating that the total sales totaled 166.13 million dollars.

The volume of funds sold to boost bank balances abroad amounted to $ 137.05 million, while total selling cash amounted to $ 1.5 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.

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March 10, 2019

CBI - Foreign Currency Selling Window for Monday, 11/3/2019 that was performed on Sunday, 10/3/2019

Announcement No.(3910)

                          Sale Date - 11/3/2019  that performed on 10/3/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
137,052,952
Total sale cash
29,080,000
Total sale  amount
166,132,952

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:

» Sales schedule of the Central Bank of Iraq for foreign currency (amounts in thousands of dollars) on Monday 2019/3/11 and implemented on Sunday 2019/3/10


******************* IQD Foreign Exchange Rates *****************

 

US dollar USD 1190.000
Euro EUR 1341.249
Pound sterling GBP 1563.422
Canadian dollar CAD 884.561
Swiss franc S.FR 1184.610
Swedish krona SEK 127.917
Norwegian krone NOK 137.057
Danish krone DKK 179.769
Japanese yen JPY 10.658
Chinese Yuan CNY 177.374
Australian dollar AUD 838.831
Special drawing rights SDR 1655.052
Gold for 24-ounce Gold 1519224.600
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( Updated: 3/10/2019 )

Official Central Bank of Iraq (CBI) Dinar Rate
1190 IQD to 1 USD

Dinar Market Rate:  (CBI last reported 3-10-2019)
1198.769 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)

 

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  • yota691 changed the title to Central Bank: $ 148.7 million sales of currency by auction Monday

Central Bank: $ 148.7 million sales of currency by auction Monday

Central Bank: $ 148.7 million sales of currency by auction Monday
Central Bank of Iraq - Basra Branch
 11 March 2019 02:08 PM

The value of sales of foreign currency in the Central Bank of Iraq in the auction on Monday to 148.74 million dollars, compared to the sale of the auction on Sunday, amounting to 138.55 million dollars, to record an increase of 10.19 million dollars.

According to data from the Central Bank of Iraq issued today, the exchange rate was 1190 dinars per dollar, in the auction held with the participation of 31 banks, in addition to a single financial transfer company.

The bank said in its statement that the sales executed today are the results of tomorrow, Tuesday, indicating that the total sales totaled 171.14 million dollars.

The volume of funds sold to boost bank balances abroad amounted to $ 147.99 million, while total cash sold amounted to $ 750,000.

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

In Sunday's auction , foreign currency sales at the Central Bank of Iraq amounted to 138.55 million dollars, compared to sales last Thursday auction of 135.79 million dollars.

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March 11, 2019

CBI - Foreign Currency Selling Window for Tuesday, 12/3/2019 that was performed on Monday, 11/3/2019

Announcement No.(3911)

                          Sale Date - 12/3/2019 performed on Monday, 11/3/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
147,990,450
Total sale cash
23,150,000
Total sale  amount
171,140,450

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:
Edited by ronscarpa
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( Updated: 3/11/2019 )

Official Central Bank of Iraq (CBI) Dinar Rate
1190 IQD to 1 USD

Dinar Market Rate:  (CBI last reported 3-11-2019)
1197.946 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)

 

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March 12, 2019

CBI - Foreign Currency Selling Window for Wednesday, 13/3/2019 that was performed on Tuesday, 12/3/2019

Announcement No.(3912)

                          Sale Date - 13/3/2019  performed on Tuesday, 12/3/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
159,681,636
Total sale cash
24,530,000
Total sale  amount
184,211,636

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:
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  • yota691 changed the title to CBI: $ 160 million in currency sales by auction Tuesday

CBI: $ 160 million in currency sales by auction Tuesday

CU: $ 160 million in currency sales by auction Tuesday
Central Bank of Iraq - Basra Branch
 12 March 2019 12:34 PM

Direct sales of foreign currency in the Central Bank of Iraq in the auction on Tuesday rose to the level of 160.13 million dollars, compared to the sale of the auction on Monday, amounting to 148.74 million dollars, an increase of about 11.39 million dollars.

According to data from the Central Bank of Iraq, the exchange rate was 1190 dinars per dollar, in the auction held with the participation of 33 banks, in addition to the company only one money transfer.

The bank said that the sales executed today are the results of Wednesday, indicating that the total sales totaled 184.21 million dollars.

The Central Bank said that the volume of funds sold to strengthen the bank balances abroad amounted to $ 159.68 million, while the total cash sold $ 450 thousand.

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.

On Monday, the value of foreign currency sales at the Central Bank of Iraq rose to $ 148.74 million, compared to Sunday's sales of $ 138.55 million.

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March 12, 2019

CBI - Foreign Currency Selling Window for Wednesday, 13/3/2019 that was performed on Tuesday, 12/3/2019

Announcement No.(3912)

                          Sale Date - 13/3/2019  performed on Tuesday, 12/3/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
159,681,636
Total sale cash
24,530,000
Total sale  amount
184,211,636

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:
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( Updated: 3/12/2019 )

Official Central Bank of Iraq (CBI) Dinar Rate
1190 IQD to 1 USD

Dinar Market Rate:  (CBI last reported 3-11-2019)
1197.946 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)

 

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Editorial date: 2019/3/12 17:06 • 15 times read
Sell more than $ 184 million in currency auction
The Central Bank of Iraq (CBE) on Tuesday sold more than $ 184 million in its weekly auction to sell foreign currency.
"Central bank sales of foreign currency amounted to 184 million, 211 and 636 dollars during the auction for today," the bank said in its daily bulletin. 
The total sales for the purpose of strengthening overseas assets (remittances, credits) amounted to 159,681,636 dollars. 
The total cash sale was $ 24,530,000. 
He added that "the sale price of the Central Bank of banks and companies was at 1190 dinars per dollar."
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CBI sells $131m in daily auction

 

by b88ef8cc81a87701a1091493f3241fb4?s=40&d=Ibrahim KhalilMar 9, 2011, 1:14 pm

 

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) sales on Wednesday registered $131.114 million, compared to the previous session’s $156.410 million, at an exchange rate of 1170 Iraqi dinars per dollar. “The demand hit $1.389 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $129.725 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 17 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. AmR (TP) 744 https://www.iraqinews.com/business-iraqi-dinar/cbi-sells-131m-in-daily-auction/

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  • yota691 changed the title to Sales of the central currency of Iraq continues to rise to 176.9 billion dollars .. Mzad Wednesday

Sales of the central currency of Iraq continues to rise to 176.9 billion dollars .. Mzad Wednesday

Sales of the central currency of Iraq continues to rise to 176.9 billion dollars .. Mzad Wednesday
Central Bank of Iraq - Basra Branch
 13 March 2019 02:23 PM

Mubasher: Foreign currency sales continued at the Central Bank of Iraq rise in the auction on Wednesday; to record the level of 176.9 million dollars, compared to the sale of the auction on Tuesday, amounting to 160.13 million dollars, to rise by about 16.77 million dollars.

According to data from the Central Bank of Iraq issued today, the exchange rate was 1190 dinars per dollar, in the auction held with the participation of 30 banks, in addition to the company only one money transfer.

- Full details of the decisions of the Iraqi Council of Ministers

The Central Bank said that the sales executed today are the results of Thursday, indicating that the total sales totaled $ 196.22 million.

The volume of funds sold to boost bank balances abroad was $ 175.85 million, while total cash sold was $ 1.05 million, the bank said.

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

At Tuesday's auction,  foreign currency sales at the central bank of Iraq rose to $ 160.13 million, compared to Monday's $ 148.74 million auction.

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March 13, 2019

CBI - Foreign Currency Selling Window for Thursday, 14/3/2019 that was performed on Wednesday, 13/3/2019

Announcement No.(3913)

                          Sale Date - 14/3/2019  performed on Wednesday, 13/3/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
175,852,780
Total sale cash
20,370,000
Total sale  amount
196,222,780

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:
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What’s the point? Even if the Dinar were to revalue, oil money of which is always denominated in dollars will still have to be exchanged by the 

Central Bank . They can adjust the commissions to reap the the same profit. So maybe someone will take a shot at previous statements that the auction needs to stop.

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  • yota691 changed the title to Central Bank: $ 182.7 million sales of currency Thursday auction

Central Bank: $ 182.7 million sales of currency Thursday auction

Central Bank: $ 182.7 million sales of currency Thursday auction
Central Bank of Iraq - Basra Branch
 14 March 2019 01:12 PM

Mubasher: Foreign currency sales of the Central Bank of Iraq continued its rise in the auction held on Thursday; to record the level of 182.75 million dollars, compared to sales Wednesday auction, which amounted to 176.9 million dollars, an increase of about 5.85 million dollars.

According to data from the Central Bank of Iraq, the exchange rate was 1190 dinars per dollar, in the auction held with the participation of 30 banks, in addition to the company only one money transfer.

 

The Central Bank said that the sales executed today are the results of next Sunday, indicating that the total sales totaled $ 202.91 million.

The Bank added that the volume of funds sold to strengthen the bank balances abroad amounted to 182.45 million dollars, while the total cash sold was 300 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.

At Wednesday's auction,  foreign currency sales at the central bank continued to rise to $ 176.9 million, compared to Tuesday's $ 160.13 million auction.

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March 14, 2019

CBI - Foreign Currency Selling Window for Sunday, 17/3/2019 that was performed on Thursday, 14/3/2019

Announcement No.(3914)

                          Sale Date - 17/3/2019  performed on Thursday, 14/3/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
182,454,484
Total sale cash
20,460,000
Total sale  amount
202,914,484

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:

» Sales schedule of the Central Bank of Iraq for foreign currency (amounts in thousands of dollars) on Sunday 2019/3/17 and implemented on Thursday, 2019/3/14

 

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( Updated: 3/14/2019 )

Official Central Bank of Iraq (CBI) Dinar Rate
1190 IQD to 1 USD

Dinar Market Rate: (CBI last reported 3-14-2019) 
1195.086 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)
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