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CBI Daily Auction & Currency Exchange Rates - Thursday - 11/21/2019

ronscarpa

By ronscarpa,
in Iraq & Dinar Related News

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ronscarpa Grand Master

ronscarpa

Posted
Posted
Sumday - November 14, 2019

CBI - Foreign Currency Selling Window for Monday, 18/11/2019 that performed on Sunday, 17/11/2019

Announcement No.(4081)

Sale Date -  Monday - 8/11/2019 that was performed on Sunday - 17/11/2019 

Details
 
  Amount
 
Total sale for the purpose of strengthen outside assets (Transfers and credits)
 
174,183,022
 
Total sale cash
 
25,530,000
 
Total sale  amount

199,713,022

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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ronscarpa Grand Master

ronscarpa

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IQD CURRENCY EXCHANGE RATES

Sunday - 11/17/2019

 

US dollar USD 1190.000
Euro EUR 1309.714
Pound sterling GBP 1527.127
Canadian dollar CAD 898.181
Swiss franc S.FR 1201.959
Swedish krona SEK 122.189
Norwegian krone NOK 129.177
Danish krone DKK 175.271
Japanese yen JPY 10.913
Chinese Yuan CNY 169.605
Australian dollar AUD 814.317
Special drawing rights SDR 1633.465
Gold for 24-ounce Gold 1729147.800
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ronscarpa Grand Master

ronscarpa

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( IQD Rates - Updated: Monday - 11/17/2019 )

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

Dinar Market Rate: (CBI last reported 11-12-2019)
1196.847 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)   (NOTE: rates were out of compliance for 3 days starting 11-5-2019
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  • yota691 changed the title to Central Bank of Iraq: $ 229.4 million currency sales auction Monday
yota691 Grand Master

yota691

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Central Bank of Iraq: $ 229.4 million currency sales auction Monday

Central Bank of Iraq: $ 229.4 million currency sales auction Monday
Central Bank of Iraq - Basra Branch
 18 November 2019 12:21 PM

Direct: data showed the Central Bank of Iraq, the value of foreign currency sales in the auction held, on Monday, to 229.42 million dollars, compared to auction sales on Sunday; amounting to $ 175.14 million, an increase of $ 54.28 million.

The exchange rate reached 1190 dinars per dollar, according to the Central Bank data, in the auction held with the participation of 30 banks.

The Central, said the sales executed are the results on Tuesday, indicating that the total sale totaled $ 247.9 million.

The Central Bank of Iraq, the size of the amounts sold to strengthen the balances of banks abroad amounted to 228.94 million dollars, while the total cash sold 480 thousand dollars.

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yota691 Grand Master

yota691

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The Central Bank of Iraq, on Sunday, the sale of more than 247 million dollars and the participation of 30 banks.

And saw the Central Bank of Iraq during an auction for the sale and purchase of foreign currencies today an increase in sales to reach 247 million and 900 thousand dollars covered by the bank at a base exchange rate of 1190 dinars per dollar, compared to Sunday, which sales of 199 million and 713 thousand dollars.
 
Demand was distributed by 228 million and 940 thousand dollars to strengthen the balances abroad in the form of remittances and credits, while the rest of the remaining 18 million and 960 thousand dollars were distributed in the form of cash sale, which was fully covered by the bank at an exchange rate of 1190 dinars for one dollar.
 
None of the 30 banks and one of the money transfer companies made any bids to sell the dollar.
 
It is noteworthy that the Central Bank conducts daily sessions for the sale and purchase of foreign currencies except public holidays, which stop the bank from these auctions.
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ronscarpa Grand Master

ronscarpa

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Monday - November 18, 2019

CBI - Foreign Currency Selling Window for Tuesday, 19/11/2019 that was performed on Monday, 18/11/2019

Announcement No.(4082)

Sale Date -  Tuesday - 19/11/2019 that was performed on Monday - 18/11/2019 

Details
 
  Amount
 
Total sale for the purpose of strengthen outside assets (Transfers and credits)
 
228,940,733
 
Total sale cash
 
18,960,000
 
Total sale  amount

247,900,733

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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ronscarpa Grand Master

ronscarpa

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IQD Currency Exchange Rates

Monday - 11/18/2019

 

US dollar USD 1190.000
Euro EUR 1313.046
Pound sterling GBP 1532.482
Canadian dollar CAD 900.083
Swiss franc S.FR 1202.810
Swedish krona SEK 122.980
Norwegian krone NOK 130.853
Danish krone DKK 175.721
Japanese yen JPY 10.961
Chinese Yuan CNY 169.699
Australian dollar AUD 808.605
Special drawing rights SDR 1635.667
Gold for 24-ounce Gold 1733875.800
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ronscarpa Grand Master

ronscarpa

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( IQD Rates - Updated: Monday - 11/18/2019 )

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

Dinar Market Rate: (CBI last reported 11-12-2019)
1196.847 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) (NOTE: rates were out of compliance for 3 days starting 11-5-2019
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ronscarpa Grand Master

ronscarpa

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Tuesday - November 19, 2019

CBI - Foreign Currency Selling Window for Wednesday, 20/11/2019 that was performed on Tuesday, 19/11/2019

Announcement No.(4083)

Sale Date -  Wednesday - 20/11/2019 that was performed on Tuesday - 19/11/2019 

Details
 
  Amount
 
Total sale for the purpose of strengthen outside assets (Transfers and credits)
 
234,964,308
 
Total sale cash
 
30,840,000
 
Total sale  amount

265,804,308

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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ronscarpa Grand Master

ronscarpa

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Tuesday - November 19, 2019

CBI - Foreign Currency Selling Window for Thursday, 21/11/2019 that was performed on Tuesday, 19/11/2019

Announcement No.(4084)

Sale Date -  Thursday - 21/11/2019 that performed on  Wednesday - 19/11/2019 

Details
 
  Amount
 
Total sale for the purpose of strengthen outside assets (Transfers and credits)
 
236,446,494
 
Total sale cash
 
21,580,000
 
Total sale  amount

258,026,494

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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ronscarpa Grand Master

ronscarpa

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IQD Currency Exchange Rates

Tuesday - 11/19/2019

 

US dollar USD 1190.000
Euro EUR 1313.046
Pound sterling GBP 1532.482
Canadian dollar CAD 900.083
Swiss franc S.FR 1202.810
Swedish krona SEK 122.980
Norwegian krone NOK 130.853
Danish krone DKK 175.721
Japanese yen JPY 10.961
Chinese Yuan CNY 169.699
Australian dollar AUD 808.605
Special drawing rights SDR 1635.667
Gold for 24-ounce Gold 1733875.800
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ronscarpa Grand Master

ronscarpa

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( IQD Rates - Updated: Tuesday - 11/19/2019 )

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

Dinar Market Rate: (CBI last reported 11-12-2019)
1196.847 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)   (NOTE: rates were out of compliance for 3 days starting 11-5-2019

Also: There has been NO recorded Market Rate for the IQD since Nov 12, 2019

 

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ronscarpa Grand Master

ronscarpa

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29 minutes ago, King Bean said:

Thanks Ron. Yikes, two HUGE auctions. Iran is feeling the pinch and stealing all the USD they can before the plug is pulled on the auctions. Sooner is better, we hope.

                                                            :twothumbs:

 

Thanks King Bean (+) - I agree, but:

The following article was posted in Sunday Midight from a Saturday article in Iraq - Article:  "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" - Well, as we can see above, The CBI  held auctions Sunday, Monday, and a Double auction on Tuesday - all high total sales (199,713,022 - 247,900,733 - 265,804,308 - 258,026,494). It doesn't appear they have stopped anything, unless these are the last auctions to try to keep the Market rate within the 2%, but I don't see how this would do that.   RON :salute:

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  • yota691 changed the title to Central Bank of Iraq: $ 235.6 million currency sales auction Tuesday
yota691 Grand Master

yota691

Posted
Posted

Central Bank of Iraq: $ 235.6 million currency sales auction Tuesday

Central Bank of Iraq: $ 235.6 million currency sales auction Tuesday
Central Bank of Iraq - Basra Branch
 19 November 2019 06:17 PM

Direct: Central Bank of Iraq data showed, the value of foreign currency sales in the auction held, on Tuesday, to 235.56 million dollars, compared to the auction sales on Monday; amounting to 229.42 million dollars, an increase of $ 6.14 million.

The exchange rate reached 1190 dinars per dollar, according to the Central Bank data, in the auction held with the participation of 33 banks.

The Central, said the sales executed are the results on Wednesday, indicating that the total sale totaled $ 265.8 million.

The Central Bank of Iraq, the volume of amounts sold to strengthen the balances of banks abroad amounted to 234.96 million dollars, while the total cash sold 600 thousand dollars.

During Monday's auction , data showed the Central Bank of Iraq, the value of foreign currency sales to 229.42 million dollars, compared to Sunday auction sales; amounting to 175.14 million dollars.

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ronscarpa Grand Master

ronscarpa

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No Auction was held today - Wednesday, 20 November 2019

However:

 

( IQD Rates - Updated: Wednesday - 1/20/2019 )

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

Dinar Market Rate: (CBI last reported 11-19-2019) 
1199.406 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)    (NOTE: rates were out of compliance for 3 days starting 11-5-2019
 
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CSM (R) Thack Grand Master

CSM (R) Thack

Posted
Posted
8 minutes ago, ronscarpa said:

 

It would be nice if this was the end of the Auctions as the Iraqi people have been calling for, and we need to see before they can increase the value of the IQD and begin to float their currency. :tiphat:Blessings everyone .... Ron

Yes it would!!👍🇺🇸

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ronscarpa Grand Master

ronscarpa

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IQD

Market Rate

 

Nov. 2019

1   ---
2   ---
3   1198.912
4   1199.182
5   1218.820
6   1218.821
7   1218.539
8   ---
9   ---
10  1196.897
11  1196.445
12  1196.847
13  1198.290
14  1197.989
15  ---
16  ---
17  1197.006
18  1198.188
19  1199.406
20  ---
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ronscarpa Grand Master

ronscarpa

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Thursday - November 21, 2019

CBI - Foreign Currency Selling Window for Sunday, 24/11/2019 that was performed on Thursday, 21/11/2019

Announcement No.(4085)

Sale Date -  Sunday - 24/11/2019 that was performed on Thursday - 21/11/2019 

Details
 
  Amount
 
Total sale for the purpose of strengthen outside assets (Transfers and credits)
 
233,574,508
 
Total sale cash
 
17,160,000
 
Total sale  amount

250,734,508

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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ronscarpa Grand Master

ronscarpa

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IQD Currency Exchange Rate

Thursday - 11/21/2019

 

US dollar USD 1190.000
Euro EUR 1318.163
Pound sterling GBP 1539.682
Canadian dollar CAD 897.030
Swiss franc S.FR 1200.383
Swedish krona SEK 123.630
Norwegian krone NOK 130.702
Danish krone DKK 176.411
Japanese yen JPY 10.965
Chinese Yuan CNY 169.376
Australian dollar AUD 808.962
Special drawing rights SDR 1637.857
Gold for 24-ounce Gold 1735707.900
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ronscarpa Grand Master

ronscarpa

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( IQD Rate - Updated: Thursday - 11/21/2019 )

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

Dinar Market Rate: (CBI last reported 11-19-2019)
1199.406 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)    (NOTE: rates were out of compliance for 3 days starting 11-5-2019

 

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