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Central Bank of Iraq: $ 213 million currency sales auction Thursday


yota691
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The Central Bank of Iraq, on Sunday, the sale of more than 173 million dollars and the participation of 72 banks.

The Central Bank of Iraq during the auction for the sale and purchase of foreign currencies today increased in sales to reach 173 million and 177 thousand dollars covered by the bank at a base exchange rate of 1190 dinars per dollar, compared to Thursday, which sales of 114 million and 188 thousand dollars.
 

The request was distributed by 142 million and 367 thousand dollars to strengthen the balances abroad in the form of remittances and credits, while the rest of the remaining 30 million and 810 thousand dollars were distributed in the form of cash sale, which was fully covered by the bank at an exchange rate of 1190 dinars per dollar.

While none of the 27 banks and one of the money transfer companies in the currency auction made any offers to sell the dollar.

It is noteworthy that the Central Bank conducts daily sessions to buy and sell foreign currencies except public holidays, which the bank stops these auctions.
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Sunday - October 13, 2019

CBI-Foreign Currency Selling Window for 14/10/2019 performed on Sunday, 13/10/2019

Announcement No.(4056)

Sale Date -  14/10/2019 performed on SUNDAY-13/10/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
142,367,703
Total sale cash
30,810,000
Total sale  amount
173,177,703

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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Edited by ronscarpa
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IQD Currency Exchange Rates

Sunday - 10/13/2019

 

US dollar USD 1190.000
Euro EUR 1312.570
Pound sterling GBP 1457.274
Canadian dollar CAD 895.141
Swiss franc S.FR 1198.811
Swedish krona SEK 120.203
Norwegian krone NOK 130.558
Danish krone DKK 175.750
Japanese yen JPY 11.087
Chinese Yuan CNY 167.025
Australian dollar AUD 802.774
Special drawing rights SDR 1627.706
Gold for 24-ounce Gold 1766853.600
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( IQD Rates - Updated: Sunday - 10/13/2019 )

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

Dinar Market Rate: (CBI last reported 10-13-2019)
1194.025 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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The problem is with the CBI governor. He is buying time for the government to fall so that he can say that the political climate is not suitable to move on with the deletion of the zeros and revalue the currency. Iraq has been stable for more than a year now and we see nothing on that front.

Hopefully, he is planning for January 2020.

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  • yota691 changed the title to Central Bank of Iraq: $ 179.8 million currency sales auction Monday

Central Bank of Iraq: $ 179.8 million currency sales auction Monday

Central Bank of Iraq: $ 179.8 million currency sales auction Monday
Central Bank of Iraq - Basra Branch
 14 October 2019 03:50 PM

Direct: Central Bank of Iraq data showed high value of foreign currency sales in the auction held on Monday, to 179.84 million dollars, compared to the auction sales on Sunday; amounting to 143.57 million dollars, an increase of 36.27 million dollars .

The exchange rate reached 1190 dinars per dollar, according to the Central Bank data, in the auction held with the participation of 29 banks .

The Central added that the sales executed are the results on Tuesday, indicating that the total sale totaled $ 198.6 million .

The Central Bank of Iraq, the size of the amounts sold to strengthen the balances of banks abroad amounted to 179.36 million dollars, while the total cash sold 480 thousand dollars .

At Sunday's auction, the Central Bank of Iraq data showed that the value of foreign currency sales rose to $ 143.57 million, compared to last Thursday's auction of $ 99.35 million.

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Monday - October 14, 2019

CBI-Foreign Currency Selling Window for 15/10/2019 performed on Monday, 14/10/2019

Announcement No.(4057)

Sale Date -  15/10/2019 performed on Monday-14/10/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
179,359,357
Total sale cash
19,240,000
Total sale  amount
198,599,357

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

Monday - 10/14/2019

 

US dollar USD 1190.000
Euro EUR 1314.117
Pound sterling GBP 1494.938
Canadian dollar CAD 901.788
Swiss franc S.FR 1193.042
Swedish krona SEK 121.169
Norwegian krone NOK 130.920
Danish krone DKK 175.947
Japanese yen JPY 11.019
Chinese Yuan CNY 167.608
Australian dollar AUD 806.463
Special drawing rights SDR 1630.955
Gold for 24-ounce Gold 1748355.300
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( IQD Rates - Updated: Monday - 10/14/2019 )

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

Dinar Market Rate: (CBI last reported 10-14-2019)
1193.885 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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4 hours ago, ChuckFinley said:

Thanks Ron, getting back in the game here. Should be up and running by the weekend. 

Sorry my friend

no time to be ill if I am running for prez and your in charge of the bar

 

i need you

the world needs you

 

get feeling good soon

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  • yota691 changed the title to Central Bank of Iraq: $ 210 million currency sales auction Tuesday

Central Bank of Iraq: $ 210 million currency sales auction Tuesday

Central Bank of Iraq: $ 210 million currency sales auction Tuesday
Central Bank of Iraq - Basra Branch
 15 October 2019 01:48 PM

Direct: Central Bank of Iraq data showed the rise in the value of foreign currency sales in the auction held on Tuesday, to 210.02 million dollars, compared with the auction sales on Monday; amounting to 179.84 million dollars, an increase of 30.18 million dollars.

The exchange rate reached 1190 dinars per dollar, according to the Central Bank data, in the auction held with the participation of 32 banks.

The Central added that the sales executed are the results on Wednesday, indicating that the total sale totaled $ 233.26 million.

The Central Bank of Iraq, the size of the amounts sold to strengthen the balances of banks abroad amounted to 209.18 million dollars, while the total cash sold 840 thousand dollars.

At Monday's auction , the Central Bank of Iraq data showed that the value of foreign currency sales rose to $ 179.84 million, compared to Sunday's auction sales of $ 143.57 million.

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Tuesday - October 15, 2019

CBI-Foreign Currency Selling Window for 16/10/2019 performed on 15/10/2019

Announcement No.(4058)

Sale Date -  16/10/2019 performed on TUESDAY-15/10/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
209,178,408
Total sale cash
24,080,000
Total sale  amount
233,258,408

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

Tuesday - 10/15/2019

 

US dollar USD 1190.000
Euro EUR 1312.332
Pound sterling GBP 1500.114
Canadian dollar CAD 899.403
Swiss franc S.FR 1193.581
Swedish krona SEK 121.218
Norwegian krone NOK 130.640
Danish krone DKK 175.708
Japanese yen JPY 10.980
Chinese Yuan CNY 168.472
Australian dollar AUD 806.106
Special drawing rights SDR 1630.955
Gold for 24-ounce Gold 1761889.200
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( IQD Rates - Updated: Wednesday - 10/15/2019 )

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

Dinar Market Rate:(CBI last reported 10-14-2019)
1193.885 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)

:twothumbs:

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16 minutes ago, ronscarpa said:

 
( IQD Rates - Updated: Wednesday - 10/15/2019 )

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

Dinar Market Rate:(CBI last reported 10-14-2019)
1193.885 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)

:twothumbs:

Thanks Ron. 

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  • yota691 changed the title to Central Bank of Iraq: $ 213 million currency sales auction Thursday

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