Central sells more than $ 132 million

[yota691]

Central Bank: $ 124.5 million sales of the currency auction Sunday

Central Bank of Iraq - Basra Branch

 02 Jun 2019 02:31 PM

The Central Bank of Iraq (CBE) data showed a decline in the value of foreign currency sales in the auction held on Sunday to 124.54 million dollars, compared to sales of the auction last Thursday, the amount of 152.45 million dollars, a decline of 27.91 million dollars.

The exchange rate was 1190 dinars per dollar, according to data from the Central Bank, in the auction held with the participation of 30 banks, as well as a financial transfer company.

The Central Bank said that the sales executed are results on Monday, indicating that the total sales totaled 158.49 million dollars.

The Central Bank of Iraq, the volume of funds sold to strengthen the bank balances abroad amounted to 123.09 million dollars, while the total cash sold $ 1.44 million.

During Thursday's auction, central bank data showed foreign currency sales rose to $ 152.45 million, compared with Wednesday's auction sales of $ 145.06 million.

 

[yota691]

The sale of the Iraqi Central Bank declined by 27.91 million dollars

Economy | 03:15 - 02/06/2019

 

 

 

BAGHDAD (Reuters) - 
The value of foreign currency sales in the auction fell to $ 124.54 million, compared with last Thursday's $ 152.45 million sale, a decline of $ 27.91 million, the Central Bank of Iraq showed. 
The exchange rate was 1190 dinars per dollar, according to data from the Central Bank, in the auction held with the participation of 30 banks, as well as a financial transfer company. 
The Central Bank said that the sales executed are results on Monday, indicating that the total sales totaled 158.49 million dollars. 
The volume of funds sold to boost bank balances abroad amounted to 123.09 million dollars, while total cash sold amounted to 1.44 million dollars.
During the auction last Thursday, data showed the Central Bank of Iraq the value of sales of foreign currency to 152.45 million dollars, compared to auction sales Wednesday, amounting to 145.06 million dollars. Ended 29/6 n

[ronscarpa]

Sunday - June 02, 2019

CBI - Foreign Currency Selling Window for 3/6/2019 that performed on 2/6/2019

Announcement No.(3970)

Sale Date - 3/6/2019 performed on Sunday-2/6/2019

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	123,095,450
Total sale cash	35,390,000
Total sale amount	158,485,450

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:

» Sales schedule of the Central Bank of Iraq for foreign currency (amounts in thousands of dollars) on Monday 2019/6/3 and implemented on Sunday, 2019/6/2

 

 

[ronscarpa]

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

 

• Exchange Rates

US dollar	USD	1190.000
Euro	EUR	1324.946
Pound sterling	GBP	1503.089
Canadian dollar	CAD	881.416
Swiss franc	S.FR	1181.024
Swedish krona	SEK	124.805
Norwegian krone	NOK	135.704
Danish krone	DKK	177.376
Japanese yen	JPY	10.861
Chinese Yuan	CNY	172.326
Australian dollar	AUD	824.551
Special drawing rights	SDR	1638.725
Gold for 24-ounce	Gold	1514082.900

[ronscarpa]

( IQD Rates - Updated: 6/2/2019 )

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

Dinar Market Rate: (CBI last reported 5-30-2019) 
1192.461 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)

Edited June 2, 2019 by ronscarpa

[yota691]

Central sells more than $ 132 million

Economie

2019-06-03 05:57

 

 

299 views

Iraq's central bank announced on Monday that it had sold more than $ 132 million with the participation of 29 banks.

The Central Bank of Iraq sold during the auction for the sale and purchase of foreign currencies today 132 million and 940 thousand and 981 dollars, covered by the bank at a basic exchange rate of 1190 dinars per dollar.

The remaining $ 26 million and $ 890,000 were distributed in the form of a cash sale covered by the bank at an exchange rate of 1190 dinars per dollar.

[ronscarpa]

Monday - June 03, 2019

CBI - Foreign Currency Selling Window for 9/6/2019 that performed on 3/6/2019

Announcement No.(3971)

Sale Date - 9/6/2019 performed on Mondfay-3/6/2019

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	132,940,981
Total sale cash	26,890,000
Total sale amount	159,830,981

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 2019/6/9 and issued on Monday 2019/6/3lick here to view previous auction

[ronscarpa]

( IQD Rates - Updated: 6/3/2019 )

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

Dinar Market Rate: (CBI last reported 6-3-2019) 
1193.927 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)

 

[Synopsis]

2 minutes ago, ronscarpa said:

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

Dinar Market Rate: (CBI last reported 6-3-2019) 
1193.927 IQD to 1 USD

 

So, OK................................................................

 

Could be somethin'. Could be nothin.'

 

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

 

For approximately five (5) hours LAST night, www.xe.com showed the nominal Bicraqi Iraqi Dinar Market Rate of 1193.927 Bicraqi Iraqi Dinar = 1 USD.

 

THEN................................................................

 

The rate dropped to around the Bicraqi Iraqi CBI rate of 1,190 Bicraqi Iraqi Dinar = 1 USD.

 

USUALLY..........................................................

 

THIS "change" is NOT witnessed during the NORMAL work day Monday - Friday week.

 

SO....................................................................

 

WITH the Lean, Mean, AND Green Zone TO BE FULLY OPEN FOR THE START OF Eid al-Fitr TOMORROW, COULD there REALLY be an UNVEILING of a Big Ole Neon Sign Stating, "The Bicraqi Iraqi Are NOW OPEN To Reconstruction, Construction, AND Economic Development JACKED UP On Foreign Investment WITH An INTERNATIONAL Bicraqi Iraqi Dinar!!!"???!!!

 

GGGOOO BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!!

 

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

 

The "Standard" "Disclaimer" Applies.........

 

AND (of course).........................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!