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CBI Daily Auction & Currency Exchange Rates - Thursday - 11/07/2019


ronscarpa
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Sunday - November 03, 2019

CBI-Foreign Currency Selling Window for 4/11/2019 performed on Sunday, 3/11/2019

Announcement No.(4071)

Sale Date -  4/11/2019 performed on Sunday - 3/11/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
148,289,867
Total sale cash
21,020,000
Total sale  amount
169,309,867

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 - 11/03/2019

 

US dollar USD 1190.000
Euro EUR 1327.326
Pound sterling GBP 1542.181
Canadian dollar CAD 904.255
Swiss franc S.FR 1205.124
Swedish krona SEK 123.580
Norwegian krone NOK 129.470
Danish krone DKK 177.668
Japanese yen JPY 10.934
Chinese Yuan CNY 169.087
Australian dollar AUD 824.194
Special drawing rights SDR 1641.474
Gold for 24-ounce Gold 1785942.900
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( IQD Rates - Updated: Sunday - 11/3/2019 )

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

Dinar Market Rate: (CBI last reported 10-31-2019)
1200.376 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 of Iraq: $ 174.1 million currency sales auction Monday

Central Bank of Iraq: $ 174.1 million currency sales auction Monday

Central Bank of Iraq: $ 174.1 million currency sales auction Monday
Central Bank of Iraq - Basra Branch
 04 Nov 2019 03:16 PM

Direct: Central Bank of Iraq data, the value of foreign currency sales in the auction held, on Monday, to 174.15 million dollars, compared to the auction sales on Sunday; amounting to 149.01 million dollars, an increase of $ 25.14 million.

The exchange rate reached 1190 dinars per dollar, according to the Central Bank data, in the auction held with the participation of 28 banks.

The Central, said the sales executed are the results on Tuesday, indicating that the total sale totaled 192.98 million dollars.

The Central Bank of Iraq, the size of the amounts sold to strengthen the balances of banks abroad amounted to 173.67 million dollars, while the total cash sold 480 thousand dollars.

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Monday - November 04, 2019

CBI-Foreign Currency Selling Window for 5/11/2019 performed on Monday, 4/11/2019

Announcement No.(4072)

Sale Date -  5/11/2019 performed on Monday, 4/11/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
173,670,938
Total sale cash
19,310,000
Total sale  amount
192,980,938

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 - 11/04/2019

 

US dollar USD 1190.000
Euro EUR 1325.541
Pound sterling GBP 1542.716
Canadian dollar CAD 906.045
Swiss franc S.FR 1206.224
Swedish krona SEK 123.681
Norwegian krone NOK 130.418
Danish krone DKK 177.421
Japanese yen JPY 11.021
Chinese Yuan CNY 169.044
Australian dollar AUD 821.695
Special drawing rights SDR 1642.224
Gold for 24-ounce Gold 1783401.600
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( IQD Rates - Updated: Monday - 11/4/2019 )

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

Dinar Market Rate: (CBI last reported 11-3-2019)
1198.912 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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Tuesday - November 05, 2019

Foreign Currency Selling Window for 6/11/2019 that performed on Tuesday, 5/11/2019

Announcement No.(4073)

Sale Date -  Wednesday - 6/11/2019 performed on Tuesday - 5/11/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
162,016,367
Total sale cash
27,270,000
Total sale  amount
189,286,367

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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A Double Auction was performed on Tuesday
 
Tuesday - November 05, 2019

CBI-Foreign Currency Selling Window for 7/11/2019 performed on Tuesday, 5/11/2019

Announcement No.(4074)

Sale Date -  Thursday - 7/11/2019 performed on Tuesday5/11/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
164,238,479
Total sale cash
22,450,000
Total sale  amount
186,688,479

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

Tuesday - 11/05/2019

 

US dollar USD 1190.000
Euro EUR 1327.802
Pound sterling GBP 1537.421
Canadian dollar CAD 905.012
Swiss franc S.FR 1204.636
Swedish krona SEK 124.435
Norwegian krone NOK 130.601
Danish krone DKK 177.721
Japanese yen JPY 10.962
Chinese Yuan CNY 169.376
Australian dollar AUD 823.599
Special drawing rights SDR 1641.926
Gold for 24-ounce Gold 1784169.900
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Just now, ronscarpa said:
A Double Auction was performed on Tuesday

 

I appreciate you pointing that out. They have done that in the past while I am trying to think of why they are doing two today.

 

Do you have any idea why they held two auctions today?

 

Go Moola Nova!

:pirateship:

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( IQD Rates - Updated: Tuesday - 11/5/2019 )

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

Dinar Market Rate: (CBI last reported 11-4-2019)
1199.182 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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Wednesday - November 06, 2019

CBI-Foreign Currency Selling Window for 10/11/2019 performed on 6/11/2019

Announcement No.(4075)

Sale Date -  Sunday 10/11/2019 that performed on Wednesday - 6/11/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
160,321,420
Total sale cash
16,230,000
Total sale  amount
176,551,420

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

Wednesday - 11/06/2019

 

US dollar USD 1190.000
Euro EUR 1327.802
Pound sterling GBP 1537.421
Canadian dollar CAD 905.012
Swiss franc S.FR 1204.636
Swedish krona SEK 124.435
Norwegian krone NOK 130.601
Danish krone DKK 177.721
Japanese yen JPY 10.962
Chinese Yuan CNY 169.376
Australian dollar AUD 823.599
Special drawing rights SDR 1641.926
Gold for 24-ounce Gold 1784169.900
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( IQD Rates - Updated: Wednesday - 11/6/2019 )

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

Dinar Market Rate: (CBI last reported 11-4-2019)
1199.182 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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From the CBI information, it appears that the CBI will be closed for three days 7th, 8th & 9th, then open for business on Sunday the 10th. It has been said that they would require a three day period to implement a monetary change - could this be significant..?? Is this a special holiday in Iraq?

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7 minutes ago, ronscarpa said:

From the CBI information, it appears that the CBI will be closed for three days 7th, 8th & 9th, then open for business on Sunday the 10th. It has been said that they would require a three day period to implement a monetary change - could this be significant..?? Is this a special holiday in Iraq?

 

:twothumbs: BRILLIANT Assessment, RonScarpa, AND The Very Best Of The Rest Of Your Week AND Up Coming Weekend To You!!! :tiphat:

 

That is my thought, too!

 

It is not uncommon for corrupt weekday Bicraqi Iraqi CBI daily currency auctions to occur out of the norm whereas some reasonably recognizable reason for the abnormal activity is known. Some one may be able to contribute with the reason for this abnormal activity.

 

Go Moola Nova!

:pirateship:

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57 minutes ago, ronscarpa said:

From the CBI information, it appears that the CBI will be closed for three days 7th, 8th & 9th, then open for business on Sunday the 10th. It has been said that they would require a three day period to implement a monetary change - could this be significant..?? Is this a special holiday in Iraq?

 

 

No.....been there, done that before.

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thanks ron for all the cbi auction info !!  im thinking the 3 days cbi closure to make changes started when shabbs was constantly giving bank details in his time at the cbi ,he referenced something along those lines then gurus manipulated it to push sales he also stated he could never give details of currency changes before they would occur imo the rate will just be different one day with no fanfare or knowledge , speaking of the cbi haven't heard from alak / keywords making any noise in awhile now heck I read art. yesterday iraq may be on the path back to chapter 7 but im good for a rate change sunday lol ... all the best 

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