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Central Bank of Iraq: $ 169.5 million currency sales auction Thursday


ronscarpa
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Monday - December 02, 2019

CBI - Foreign Currency Selling Window for Wednesday, 4/12/2019 that was performed on Monday, 2/12/2019

Announcement No.(4093)

Sale Date -  Wednesday - 4/12/2019performed on Monday - 2/12/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
201,345,399
Total sale cash
25,750,000 
Total sale  amount
227,095,399

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 - 12/002/2019

 

US dollar USD 1190.000
Euro EUR 1310.785
Pound sterling GBP 1539.027
Canadian dollar CAD 896.422
Swiss franc S.FR 1190.238
Swedish krona SEK 124.325
Norwegian krone NOK 129.085
Danish krone DKK 175.496
Japanese yen JPY 10.867
Chinese Yuan CNY 169.255
Australian dollar AUD 804.916
Special drawing rights SDR 1633.751
Gold for 24-ounce Gold 1725897.300
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( IQD Rates - Updated: Monday - 12/2/2019 )
Official Central Bank of Iraq (CBI) Dinar Rate:
1190 IQD to 1 USD
Dinar Market Rate: (CBI last reported 11-26-2019)
1198.942 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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29 minutes ago, Rugbylaird19 said:

Isn't it the World Bank or the IMF or UN that is supposed to be watching over Iraq? And if so, don't they see what the auctions are doing?

 

My answer would be yes. The “ watchers “ want to make sure they’re not getting cheated out of their cut. 

The same rings true for the “ missing $450 Billion. Money laundering at its finest. Lots of folks getting a piece of the action ALL at the expense of the Iraqi citizens. 

They ( WB, UN, IMF ) could have forced the issue to shut down these auctions at any time. Corruption has long arms.

IMHO

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2 hours ago, Rugbylaird19 said:

Isn't it the World Bank or the IMF or UN that is supposed to be watching over Iraq? And if so, don't they see what the auctions are doing?

 

2 hours ago, horsesoldier said:

 

My answer would be yes. The “ watchers “ want to make sure they’re not getting cheated out of their cut. 

The same rings true for the “ missing $450 Billion. Money laundering at its finest. Lots of folks getting a piece of the action ALL at the expense of the Iraqi citizens. 

They ( WB, UN, IMF ) could have forced the issue to shut down these auctions at any time. Corruption has long arms.

IMHO

 

exactly been sitting in my chair for years watching this plain sight thievery go on , after shabibi was run out of the cbi / iraq , maliki kicked it in high gear allowing iran to xchange  counterfeit iqd for usd im sure they used all the larger notes but the 10,000 iqd note  was the most popular with the yes sir boys in the cbi chair never saying a word .. go figure ..  one has to consider there own sanity thru all this :bananacamel:

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December 03, 2019

CBI - Foreign Currency Selling Window for Thursday, 5/12/2019 that was performed on Tuesday, 3/12/2019

Announcement No.(4094)

Sale Date -  5/12/2019 that was performed on Tuesday - 3/12/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
181,774,941
Total sale cash
19,130,000
Total sale  amount
200,904,941

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 - 12/03/2019

 

US dollar USD 1190.000
Euro EUR 1310.785
Pound sterling GBP 1539.027
Canadian dollar CAD 896.422
Swiss franc S.FR 1190.238
Swedish krona SEK 124.325
Norwegian krone NOK 129.085
Danish krone DKK 175.496
Japanese yen JPY 10.867
Chinese Yuan CNY 169.255
Australian dollar AUD 804.916
Special drawing rights SDR 1633.751
Gold for 24-ounce Gold 1725897.300
 
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( IQD Rates - Updated: Tuesday - 12/3/2019 )

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

Dinar Market Rate: (CBI last reported 11-26-2019)
1196.986 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 Market Rate posted for 8 days.)
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1 hour ago, ronscarpa said:
( IQD Rates - Updated: Tuesday - 12/3/2019 )

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

Dinar Market Rate: (CBI last reported 11-26-2019)
1196.986 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 Market Rate posted for 8 days.)

 

 

Ron, has it happened before that no Market Rate has been posted for so many days?

 

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Wednesday - December 04, 2019

CBI - Foreign Currency Selling Window for Sunday - 8/12/2019 that was performed on Wednesday - 4/12/2019

Announcement No.(4095)

Sale Date -  8/12/2019 that was performed on Wednesday - 4/12/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
194,712,875
Total sale cash
17,730,000
Total sale  amount
212,442,875

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

Wednesday - 12/04/2019

 

US dollar USD 1190.000
Euro EUR 1317.449
Pound sterling GBP 1546.108
Canadian dollar CAD 894.602
Swiss franc S.FR 1203.662
Swedish krona SEK 125.146
Norwegian krone NOK 129.583
Danish krone DKK 176.320
Japanese yen JPY 10.904
Chinese Yuan CNY 168.871
Australian dollar AUD 814.079
Special drawing rights SDR 1637.250
Gold for 24-ounce Gold 1746168.600
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( IQD Rates - Updated: Wednesday - 12/04/2019 )

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

Dinar Market Rate: (CBI last reported 11-26-2019)
1196.986 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 Market Rate posted for 9 days.)

 

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  • yota691 changed the title to Central Bank of Iraq: $ 169.5 million currency sales auction Thursday

Central Bank of Iraq: $ 169.5 million currency sales auction Thursday

Central Bank of Iraq: $ 169.5 million currency sales auction Thursday
Central Bank of Iraq - Basra Branch
 05 December 2019 02:34 PM

Direct: The value of foreign currency sales implemented by the Central Bank of Iraq, in its auction held on Thursday, $ 169.53 million with the participation of 29 banks, compared to sales of Wednesday's auction of $ 195.43 million.

The central bank said in a statement that the results of Thursday's auction are sales on Monday, while Wednesday's auction was related to Sunday.

The central, said the auction was implemented at the price of 1190 dinars per dollar, indicating that the total sales amounted to 196.83 million dollars.

The value of sales to strengthen the balances of banks abroad $ 168.69 million, and cash sold amounted to 840 thousand dollars.

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Thursday - December 05, 2019

CBI - Foreign Currency Selling Window for Monday, 9/12/2019 that was performed on Thursday, 5/12/2019

Announcement No.(4096)

Sale Date -  Monday-9/12/2019 performed on Thursday-5/12/2019

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
168,686,570
Total sale cash
28,140,000
Total sale  amount
196,826,570

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

Thursday - 12/05/2019

 

Exchange Rates

US dollar USD 1190.000
Euro EUR 1317.449
Pound sterling GBP 1546.108
Canadian dollar CAD 894.602
Swiss franc S.FR 1203.662
Swedish krona SEK 125.146
Norwegian krone NOK 129.583
Danish krone DKK 176.320
Japanese yen JPY 10.904
Chinese Yuan CNY 168.871
Australian dollar AUD 814.079
Special drawing rights SDR 1637.250
Gold for 24-ounce Gold 1746168.600
 
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( IQD Rates - Updated: Thursday - 12/05/2019 )

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

Dinar Market Rate: (CBI last reported 11-26-2019)
1196.986 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 Market Rate posted for 10 days.)

 

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