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CBI Daily Auction & Currency Exchange Rates - Thursday - 1/09/2020

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The Central Bank of Iraq announced, on Tuesday, that it sold more than 154 million dollars, with the participation of 18 banks and one company.

The Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today, a decrease in its sales to reach 154 million and 639 thousand dollars.
 
 
The request was distributed at 144 million and 89 thousand dollars to enhance the balances abroad in the form of transfers and credits, while the rest of the amount of 10 million and 550 thousand dollars was distributed in the form of a cash sale that was fully covered by the bank at an exchange rate of 1190 dinars per one dollar.
 
While none of the 17 banks and one of the money transfer companies in the currency auction made any offers to sell the dollar.
 
It is mentioned that the central bank conducts daily sessions to buy and sell foreign currencies except for the official holidays that the bank stops from these auctions.
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Tuesday, January 7, 2020 | 02:16 pm
Views: 102

irq_1894776546_1578395800.jpg&max_width=300

 


Baghdad / ... The Central Bank of Iraq announced today, Tuesday, that it sold more than $ 154 million, with the participation of 18 banks and one company.

The Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today, a decrease in its sales to reach 154 million and 639 thousand dollars, covered by the bank at a base exchange rate of 1190 dinars per dollar, compared to Thursday, when sales reached 264 million and 366 thousand dollars.
 
The request was distributed at 144 million and 89 thousand dollars to enhance the balances abroad in the form of transfers and credits, while the rest of the amount of 10 million and 550 thousand dollars was distributed in the form of a cash sale that was fully covered by the bank at an exchange rate of 1190 dinars per one dollar.
 
While none of the 17 banks and one of the money transfer companies in the currency auction made any offers to sell the dollar.
 
It is mentioned that the central bank conducts daily sessions to buy and sell foreign currencies except for the official holidays that the bank stops from these auctions. Finished 2 

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Tuesday - January 07, 2020

CBI - Foreign Currency Selling Window for Wednesday, 8/1/2020 that was performed on Tuesday, 7/1/2020

Announcement No.(4116)

Sale Date -  8/1/2020 performed on Tuesday - 7/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
144,089,700
Total sale cash
10,550,000
Total sale  amount
154,639,700

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.
 
   Link:
 
»The Central Bank of Iraq sales schedule of foreign currency (amounts in thousands of dollars) for Wednesday 1/8/2020 and executed on Tuesday 1/7/2020
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Tuesday - January 07, 2020

CBI - Foreign Currency Selling Window for Thursday, 9/1/2020 that performed on Tuesday, 7/1/2020

Announcement No.(4117)

Sale Date -  9/1/2020 performed on Tuesday - 7/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
119,803,500
Total sale cash
16,580,000
Total sale  amount
136,383,500

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.
 
   Link:
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IQD Currency Exchange Rates

Tuesday - 1/07/2020

 

US dollar USD 1190.000
Euro EUR 1326.493
Pound sterling GBP 1553.783
Canadian dollar CAD 915.455
Swiss franc S.FR 1222.205
Swedish krona SEK 126.504
Norwegian krone NOK 134.922
Danish krone DKK 177.503
Japanese yen JPY 10.905
Chinese Yuan CNY 170.631
Australian dollar AUD 828.954
Special drawing rights SDR 1643.711
Gold for 24-ounce Gold 1830622.500
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( IQD Rates - Updated: Tuesday - 1/7/2020 )

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

Dinar Market Rate: (CBI last reported 1-7-2020)
1221.509 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

:tiphat:

 

Edited by ronscarpa
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WOWZERS!!!

 

There WERE four (4) Bicraqi Iraqi CBI currency auctions held TODAY!!!

 

image.thumb.png.014edea56fa9e1aaa93416fe6bf60260.png

 

https://cbi.iq/currency_auction/all

 

Foreign Currency Selling Window for 6/1/2020 that performed on 7/1/2020

Announcement No.(4114)

Sale Date -  6/1/2020 that performed on 7/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
50,799,000
Total sale cash
400,000
Total sale  amount
51,199,000

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.

Foreign Currency Selling Window for 7/1/2020 that performed on 7/1/2020

 

Announcement No.(4115)

Sale Date -  7/1/2020 that performed on 7/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
206,396,558
Total sale cash
58,470,000
Total sale  amount
264,866,558

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.

Foreign Currency Selling Window for 8/1/2020 that performed on 7/1/2020

 

Announcement No.(4116)

Sale Date -  8/1/2020 that performed on 7/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
144,089,700
Total sale cash
10,550,000
Total sale  amount
154,639,700

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.

Foreign Currency Selling Window for 9/1/2020 that performed on 7/1/2020

 

Announcement No.(4117)

Sale Date -  9/1/2020 that performed on 7/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
119,803,500
Total sale cash
16,580,000
Total sale  amount
136,383,500

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.

 

https://cbi.iq/currency_auction/view/726

 

THESE four (4) BABIES totaled 607,088,758 USD!!!

 

Get 'em while THEY'RE HOT!!!

 

Tomorrow, Wednesday January 8 AND Thursday January 9 ARE two (2) MO POTENTIAL Bicraqi Iraqi CBI Auction Dates!!!

 

Maybe Adam has somethin' to say about THIS tomorrow!!!

 

Could be somethin'. Could be nuttin'.
 

In The Mean Time...................................................................................

 

The Standard Disclaimer Applies..........................................................

 

AND (of course).....................................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

Edited by Synopsis
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17 minutes ago, Synopsis said:

WOWZERS!!!

 

There WERE four (4) Bicraqi Iraqi CBI currency auctions held TODAY!!!

 

 

 

My first thought when reading there were 4 currency auctions today:

 

Since the Iranians are big beneficiaries of these auctions, are they raising a war chest?

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Agreed LB, until the protesters or the USA removes the Iranians from not only the GOI but the CBI nothing is going to change. Still to much corruption and Iranian influence in Iraq for anything to happen.

Hoping this million man march the demonstrators are planning for this Friday will get some good results...

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There were 4 Auctions because the Iranians are worried the Auctions will be cancelled, drying up their money. They are right to be worried. But don't expect stopping the Auctions till a new Prime Minister comes in with a new Governor of the Bank of Iraq. That's why they killed Solimani....imo

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1 hour ago, Synopsis said:

WOWZERS!!!

 

There WERE four (4) Bicraqi Iraqi CBI currency auctions held TODAY!!!

 

image.thumb.png.014edea56fa9e1aaa93416fe6bf60260.png

 

https://cbi.iq/currency_auction/all

 

Foreign Currency Selling Window for 6/1/2020 that performed on 7/1/2020

Announcement No.(4114)

Sale Date -  6/1/2020 that performed on 7/1/2020


Details

  Amount

Total sale for the purpose of strengthen outside assets (Transfers and credits)

50,799,000

Total sale cash

400,000

Total sale  amount

51,199,000

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.

Foreign Currency Selling Window for 7/1/2020 that performed on 7/1/2020

 

Announcement No.(4115)

Sale Date -  7/1/2020 that performed on 7/1/2020


Details

  Amount

Total sale for the purpose of strengthen outside assets (Transfers and credits)

206,396,558

Total sale cash

58,470,000

Total sale  amount

264,866,558

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.

Foreign Currency Selling Window for 8/1/2020 that performed on 7/1/2020

 

Announcement No.(4116)

Sale Date -  8/1/2020 that performed on 7/1/2020


Details

  Amount

Total sale for the purpose of strengthen outside assets (Transfers and credits)

144,089,700

Total sale cash

10,550,000

Total sale  amount

154,639,700

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.

Foreign Currency Selling Window for 9/1/2020 that performed on 7/1/2020

 

Announcement No.(4117)

Sale Date -  9/1/2020 that performed on 7/1/2020


Details

  Amount

Total sale for the purpose of strengthen outside assets (Transfers and credits)

119,803,500

Total sale cash

16,580,000

Total sale  amount

136,383,500

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.

 

https://cbi.iq/currency_auction/view/726

 

THESE four (4) BABIES totaled 607,088,758 USD!!!

 

Get 'em while THEY'RE HOT!!!

 

Tomorrow, Wednesday January 8 AND Thursday January 9 ARE two (2) MO POTENTIAL Bicraqi Iraqi CBI Auction Dates!!!

 

Maybe Adam has somethin' to say about THIS tomorrow!!!

 

Could be somethin'. Could be nuttin'.
 

In The Mean Time...................................................................................

 

The Standard Disclaimer Applies..........................................................

 

AND (of course).....................................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

Thank You Everyone. GM DV's.. Synopsis . Can this some how pull in more dinar off the street . This many auction ?

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1 hour ago, Floridian said:

 

My first thought when reading there were 4 currency auctions today:

 

Since the Iranians are big beneficiaries of these auctions, are they raising a war chest?

 

:twothumbs: GREAT Observation, Floridian, AND ALL The Best Of The Rest Of Your Week To You!!! :tiphat:

 

Simple math with a LOW BALL estimate of 10 million USD Insanian siphoning PER Bicraqi Iraqi CBI auction of, nominally, 250 per year is a WHOPPING 2.5 BILLION USD per year!!!

 

Say Bicraqi Iraqi IMPORTS 37.5 BILLION USD per year worth of goods:

 

37.5 BILLION USD /year / 250 Bicraqi Iraqi Currency Auctions per year = 150 MILLION USD per Bicraqi Iraqi CBI Auction.

 

So, LIKELY approximately 50 MILLION USD PER DAY  is siphoned off for corruption since THEE Bicraqi Iraqi CBI Auctions have been around 200 MILLION USD per auction with a potential of 12.5 BILLION USD per year going to the Insanians OR MORE!!!

 

Well, OK, THEE "moral" OF THEE "story" IS:

 

IF, prayed AND told, CUTTING OFF THEE Insanians, to INCLUDE the Insanian IRGC WITH THEE Insanian Mu lah lahs, IS SO IMPORTANT, WHY, pray tell, ARE THEE Bicraqi Iraqi CBI AUCTIONS CONTINUING???!!!

 

I would think going INTERNATIONAL would remove THEE Insanian, to INCLUDE the Insanian IRGC AND Insanian Mu lah lahs, CORRUPTION???!!!

 

JUST PUSH THEE RV BUTTON!!!

 

!!!BOOM!!!

 

!!!SUDDENLY!!!

 

Go Moola Nova!

:pirateship:

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Just now, blueskyline said:

Thank You Everyone. GM DV's.. Synopsis . Can this some how pull in more dinar off the street . This many auction ?

 

:twothumbs: ANOTHER GREAT Observation, BlueSkyLine, AND The Very Best Of The Rest Of Your Week To You, TOO!!! :tiphat:

 

200 MILLION USD Per Bicraqi Iraqi CBI Auction x 1,190 Bicraqi Iraqi Dinar PER USD = 238 BILLION Per Bicraqi Iraqi CBI Auction AND, nominally, 59.5 TRILLION Bicraqi Iraqi Dinar PER YEAR.

 

Well, OK, a SIGNIFICANT portion of THEE Bicraqi Iraqi Dinar is PUT BACK IN CIRCULATION DUE TO salaries, etc.

 

HOWEVER, I suspect a SIGNIFICANT amount of Bicraqi Iraqi Dinar taken in is accumulated, converted to digital, AND THEN "destroyed".

 

SO.................................................................................

 

At SOME point, THEE Bicraqi Iraqi Dinar WOULD GET "scarce" AND "increase" IN "value".

 

:o   :o   :o

 

HOW, pray tell, CLOSE ARE WE???!!!

 

Iya dunno.

 

Go Moola Nova!

:pirateship:

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29 minutes ago, Synopsis said:

IF, prayed AND told, CUTTING OFF THEE Insanians, to INCLUDE the Insanian IRGC WITH THEE Insanian Mu lah lahs, IS SO IMPORTANT, WHY, pray tell, ARE THEE Bicraqi Iraqi CBI AUCTIONS CONTINUING???!!!

 

I would think going INTERNATIONAL would remove THEE Insanian, to INCLUDE the Insanian IRGC AND Insanian Mu lah lahs, CORRUPTION???!!!

 

JUST PUSH THEE RV BUTTON!!!

 

 

 

Thanks so much, Synopsis, but what gets me is that with all the Iranian influence in Iraq, and the Iraqis always talking about "brotherly, neighborly Iran", will they EVER stop these stupid auctions?  Will they RV, or continue to help their "brotherly" neighbors?  

(I hate that brotherly, neighborly crap!)

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38 minutes ago, Floridian said:

 

Thanks so much, Synopsis, but what gets me is that with all the Iranian influence in Iraq, and the Iraqis always talking about "brotherly, neighborly Iran", will they EVER stop these stupid auctions?  Will they RV, or continue to help their "brotherly" neighbors?  

(I hate that brotherly, neighborly crap!)

 

Yeah, Floridian, I would have thought The United States Of America would have stepped in by NOW to "cut" THEE "neighborly" "crap"!!!

 

I AGREE!!!

 

Go Moola Nova!

:pirateship:

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Central Bank of Iraq: $ 144.2 million, currency sales at Tuesday's auction

Central Bank of Iraq: $ 144.2 million, currency sales at Tuesday's auction
US $ 100 paper money
 January 07, 2020 05:24 PM

Direct: Data showed the Central Bank of Iraq to implement sales of foreign currency worth $ 144.21 million in the auction held today, Tuesday, compared to previous auction sales of $ 207.96 million .

According to central bank data, the exchange rate was 1190 dinars per dollar, at the auction held with the participation of 18 banks .

The Central Bank of Iraq said that the executed sales are the results of tomorrow, Wednesday, noting that the total total sale amounted to 154.64 million dollars .

The Central Bank of Iraq explained that the amount of money sold to enhance bank balances abroad amounted to $ 144.09 million, while total cash sold amounted to $ 120,000 .

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12 hours ago, DoD said:

Agreed LB, until the protesters or the USA removes the Iranians from not only the GOI but the CBI nothing is going to change. Still to much corruption and Iranian influence in Iraq for anything to happen.

Hoping this million man march the demonstrators are planning for this Friday will get some good results...

Totally agree with you DoD.

That’s Iraq reality.

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Thursday - January 09, 2020

CBI - Foreign Currency Selling Window for Tuesday, 14/1/2020 that was performed on Thursday, 9/1/2020

Announcement No.(4120)

Sale Date -  Tuesday-14/1/2020 performed on Thursday-9/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
229,120,016
Total sale cash
40,330,000
Total sale  amount
269,450,016

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 EWxchange Rates

Thursday - 1/09/2020

 

US dollar USD 1190.000
Euro EUR 1322.685
Pound sterling GBP 1559.852
Canadian dollar CAD 913.558
Swiss franc S.FR 1224.091
Swedish krona SEK 126.063
Norwegian krone NOK 134.272
Danish krone DKK 176.994
Japanese yen JPY 11.037
Chinese Yuan CNY 171.485
Australian dollar AUD 817.649
Special drawing rights SDR 1644.009
Gold for 24-ounce Gold 1858044.900
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( IQD Rates - Updated: Thursday - 1/9/2020 )

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

Dinar Market Rate: (CBI last reported 1-8-2020)
1220.036 IQD to 1 USD

 
Edited by ronscarpa
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Yesterday, Wednesday they had another Double Auction...Posted below:

 

Wednesday - January 08, 2020

CBI - Foreign Currency Selling Window for SUNDAY - 12/1/2020 that performed on WEDNESDAY - 8/1/2020

Announcement No.(4118)

Sale Date -  12/1/2020 performed on 8/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
209,603,561
Total sale cash
26,500,000
Total sale  amount
236,103,561

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.
 
   LINK:
 
»The Central Bank of Iraq sales schedule of foreign currency (amounts in thousands of dollars) for Sunday 12/1/2020 and executed on Wednesday 1/8/2020
 
******************************************
  Wednesday - January 08, 2020

Foreign Currency Selling Window for MONDAY - 13/1/2020 that was performed on WEDNESDAY - 8/1/2020

Announcement No.(4119)

Sale Date -  13/1/2020 performed on 8/1/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
149,062,821
Total sale cash
7,710,000
Total sale  amount
156,772,821

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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CBI JUST UPDATED TODAY'S MARKET RATE:

 

 

( IQD Rates - Updated: Thursday - 1/9/2020 )

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

Dinar Market Rate: (CBI last reported 1-9-2020)
1209.446 IQD to 1 USD

- Rates Are Within IMF 2% Rule: YES
 
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