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CBI Daily Currency Auction - Thursday - 7/11/2019


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Sunday - July 07, 2019

CBI - Foreign Currency Selling Window for Monday, 8/7/2019 that was performed on Sunday, 7/7/2019

Announcement No.(3992)

Sale Date -  8/7/2019 performed on Sunday-7/7/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
164,124,280
Total sale cash
24,390,000
Total sale  amount
188,514,280

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.
 
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************** IQD Currency Exchange Rates - 7/07/2019 ***********

 

US dollar USD 1190.000
Euro EUR 1342.796
Pound sterling GBP 1496.544
Canadian dollar CAD 911.877
Swiss franc S.FR 1208.122
Swedish krona SEK 127.674
Norwegian krone NOK 139.495
Danish krone DKK 179.957
Japanese yen JPY 11.040
Chinese Yuan CNY 173.212
Australian dollar AUD 835.261
Special drawing rights SDR 1649.007
Gold for 24-ounce Gold 1672411.800
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  • (IQD Rates -  Updated: 7/7/2019 )

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

    Dinar Market Rate: (CBI last reported 7-7-2019) 
    1192.938 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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Central Bank: $ 165.2 million sales of the currency auction Sunday

Central Bank: $ 165.2 million sales of the currency auction Sunday
Paper money is 100 USD
 07 Jul 2019 03:07 PM

The Central Bank of Iraq (CBE) data showed a decline in the value of sales of foreign currency in the auction held on Sunday to 165.2 million dollars, compared with the sales of the auction last Thursday, amounting to 179.92 million dollars, a decline of 14.72 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 29 banks, in addition to a financial transfer company.

The Central Bank said that the sales executed are results on Monday, indicating that the total sales totaled 188.51 million dollars.

The Central Bank of Iraq, the volume of funds sold to strengthen the bank balances abroad amounted to 164.12 million dollars, while the total cash sold $ 1.08 million.

During Thursday's auction , the Central Bank of Iraq (CBE) data showed a rise in currency sales to $ 179.92 million, compared to Wednesday's auction sales of $ 179.58 million.

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Watching the auctions a little more closely to see if they actually do what they said they would. It’s a huge step if auctions are fewer or eliminated alltogether.  

 

As you said currenzcraze the beat goes on. 

 

We wait some more.

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  • yota691 changed the title to The Central Bank of Iraq closes the auction on Sunday with a decline of 14.72 million dollars

The Central Bank of Iraq closes the auction on Sunday with a decline of 14.72 million dollars

Economy | 03:43 - 07/07/2019

 
image
 
 

BAGHDAD (Reuters) - 
The value of foreign currency sales in the auction on Sunday fell to $ 165.2 million from Thursday's $ 179.92 million auction, down $ 14.72 million, the Central Bank of Iraq said. 
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 results on Monday, indicating that the total sales totaled 188.51 million dollars. 
The volume of funds sold to boost bank balances abroad amounted to $ 164.12 million, while total selling cash amounted to $ 1.08 million.
During the first auction on Thursday, data showed the Central Bank of Iraq, the value of sales of the currency to 179.92 million dollars, compared to sales Wednesday auction; the total of 179.58 million dollars.

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The auctions will continue till the RV happens.

 

We affirm our pledge No. (190/5/9) in 2019/5/12 to the necessity of only one deposit a week by companies mediating the sale and purchase of foreign currencies for the purpose of buying the dollar from the window of buying and selling foreign currency.”

 

It Is very clear, CBI is talking about 1 deposit a week NOT 1 auction a week. 

 

This is to prevent AML / CTF. It could bring a decline in the value of sales of foreign currency.

 

just my opinion 

 

Go CBI  Go RV  Go $1:1

 

 

 

 

 

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7 hours ago, Laid Back said:

The auctions will continue till the RV happens.

 

We affirm our pledge No. (190/5/9) in 2019/5/12 to the necessity of only one deposit a week by companies mediating the sale and purchase of foreign currencies for the purpose of buying the dollar from the window of buying and selling foreign currency.”

 

It Is very clear, CBI is talking about 1 deposit a week NOT 1 auction a week. 

 

This is to prevent AML / CTF. It could bring a decline in the value of sales of foreign currency.

 

just my opinion 

 

Go CBI  Go RV  Go $1:1

 

YEP....

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Monday - July 08, 2019

CBI - Foreign Currency Selling Window for Tuesday, 9/7/2019 that was performed on Monday, 8/7/2019

Announcement No.(3993)

Sale Date -  9/7/2019 performed on Monday, 8/7/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
158,538,984
Total sale cash
24,220,000
Total sale  amount
182,758,984

Note:


 
Edited by ronscarpa
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  • yota691 changed the title to Central Bank: $ 179.6 million sales of currency by auction Tuesday

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