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Central Bank: $ 155 million sales of currency Thursday auction


ronscarpa
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Sunday - March 31, 2019

CBI - Foreign Currency Selling Window for Monday, 1/4/2019 that was performed on Sunday, 31/3/2019

Announcement No.(3925)

                          Sale Date - 1/4/2019 performed on Sunday, 31/3/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
174,007,080
Total sale cash
26,760,000
Total sale  amount
200,767,080

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 2019/4/1 and implemented on Sunday 2019/3/31

 

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

 

US dollar USD 1190.000
Euro EUR 1334.942
Pound sterling GBP 1561.399
Canadian dollar CAD 886.142
Swiss franc S.FR 1194.719
Swedish krona SEK 127.730
Norwegian krone NOK 137.086
Danish krone DKK 178.810
Japanese yen JPY 10.799
Chinese Yuan CNY 176.868
Australian dollar AUD 844.543
Special drawing rights SDR 1651.827
Gold for 24-ounce Gold 1530867.300
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  • yota691 changed the title to Central sells more than $ 207 million
 
Monday, April 1
 
 
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BAGHDAD (Reuters ) - Iraq's central bank
announced Monday it had sold more than $ 207 million with the participation of 32 banks. The Central Bank of Iraq during the auction for the sale and purchase of foreign currencies today, an increase in sales to 207 million and 333 thousand dollars covered by the bank exchange rate basis of 1190 dinars per dollar, compared to Sunday, which amounted to sales 200 million and 776 thousand dollars. The remaining $ 23 million and $ 710,000 were distributed in the form of a cash sale that was fully covered by the bank at an exchange rate of 1190 dinars per dollar.



While none of the banks of 32 banks and one of the financial transfer companies in the auction of the currency any offers to sell the dollar. 

It is noteworthy that the Central Bank is conducting daily sessions for the sale and purchase of foreign currencies, except for official holidays on which the bank stops these auctions.

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Monday - April 01, 2019

CBI - Foreign Currency Selling Window for Tuesday, 2/4/2019 that was performed on Monday,  1/4/2019

Announcement No.(3926)

                          Sale Date - 2/4/2019  performed on Monday, 1/4/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
183,623,735
Total sale cash
23,710,000
Total sale  amount
207,333,735

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 Tuesday 2019/4/2 and implemented on Monday 2019/4/1

 

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IQD Rates - Updated: 4/1/2019 )

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

Dinar Market Rate: (CBI last reported 3-31-2019)
1194.368 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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29 minutes ago, ronscarpa said:

Dinar Market Rate: (CBI last reported 3-31-2019)
1194.368 IQD to 1 USD

 

HERE is a CURRENT www.xe.com screenshot:

 

image.png.d4964d2dabe1198a48761dc01cb6d838.png

 

https://www.xe.com/currencycharts/?from=USD&to=IQD&view=1D

 

So, the CURRENT www.xe.com Bicraqi Iraqi Dinar rate is nominally close to the 1,194.368 Bicraqi Iraqi Dinar Market Rate. I often wondered if the secondary, tertiary, etc. platforms need to be lined up with the Bicraqi Iraqi Dinar Market Rate for the "conversion".

 

So....................................................................

 

We wait AND see!!!

 

Go Moola Nova!

:pirateship:

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(IQD Rates - Updated: 4/2/2019 )

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

Dinar Market Rate: (CBI last reported 3-31-2019)

1194.113 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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Wednesday - April 03, 2019

CBI - Foreign Currency Selling Window for Thursday, 4/4/2019 that was performed on Wednesday, 3/4/2019

Announcement No.(3928)

                          Sale Date - 4/4/2019  performed on Wednesday, 3/4/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
159,479,003
Total sale cash
20,100,000
Total sale  amount
179,579,003

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 Thursday 2019/4/4, and implemented on Wednesday 2019/4/3

 
 
Edited by ronscarpa
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( IQD Rates - Updated: 4/3/2019 )

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

Dinar Market Rate: (CBI last reported 4-1-2019)
1194.536 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: $ 155 million sales of currency Thursday auction

Central Bank: $ 155 million sales of currency Thursday auction

Central Bank: $ 155 million sales of currency Thursday auction
Central Bank of Iraq - Basra Branch
 04 April 2019 02:18 PM

Mubasher: The sale of foreign currency in the Central Bank of Iraq in the auction held on Thursday, 155.05 million dollars, compared to Wednesday auction sales of $ 160.68 million, recording a decline of $ 5.63 million.

The exchange rate was 1190 dinars per dollar, according to data from the Central Bank, in the auction held with the participation of 29 banks, in addition to a financial transfer company.

 

The Central Bank said that the sales executed are the results of next Sunday, indicating that the total sales totaled 173.81 million dollars.

The Central Bank said that the volume of funds sold to strengthen the bank balances abroad amounted to 154.75 million dollars, while the total cash sold was 300 thousand dollars.

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Thursday - April 04, 2019

CBI - Foreign Currency Selling Window for Sunday, 7/4/2019 that was performed on Thursday, 4/4/2019

Announcement No.(3929)

                          Sale Date - 7/4/2019  performed on Thursday - 4/4/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
154,746,238
Total sale cash
19,060,000
Total sale  amount
173,806,238

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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( IQD Rates - Updated: 4/4/2019 )

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

Dinar Market Rate: (CBI last reported 4-4-2019)
1193.471 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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