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CBI Daily Auction & Currency Exchange Rates - Tuesday - 04/07/2020


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Tuesday - April 07, 2020

CBI - Foreign Currency Selling Window for Thursday, 19/3/2020 that was performed on Tuesday - 7/4/2020

Announcement No.(4167)

Sale Date -  Thursday - 19/3/2020 performed on Tuesday - 07/4/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
234,710,676
Total sale cash
0
Total sale  amount
234,710,676

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 - 4/04/2020

 

US dollar USD 1190.000
Euro EUR 1321.376
Pound sterling GBP 1489.523
Canadian dollar CAD 856.054
Swiss franc S.FR 1254.480
Swedish krona SEK 122.031
Norwegian krone NOK 119.080
Danish krone DKK 176.815
Japanese yen JPY 11.325
Chinese Yuan CNY 170.341
Australian dollar AUD 750.533
Special drawing rights SDR 1640.010
Gold for 24-ounce Gold 1847229.600
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( IQD Rates - Updated: Tuesday - 4/7/2020 )

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

Dinar Market Rate: (CBI last reported 3-16-2020)
1203.455 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 & 2 days starting 1-7-2020

:salute:Good Morning DV - here we go again...!

 

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47 minutes ago, Laid Back said:

The auction of today 4/7/20 is to cover the date of 3/19/20. If they continue doing that, they will never catch up with the actual date.

I still believe, something is going on at the CBI.... Also ISX still closed

 

Go RV

 

 

 

LB Thanks, Totally & 100 Percent agree...😁😁👍👍🙏🙏

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1 hour ago, Gypsygirl11 said:

Hopium at its finest! We should know by the end of the month, I'm going to take a shot and say around the 21st or 22nd of April, lol. Wouldn't that be

 

 

Ramadan starts April 24th so your 21-22 works as good as anything I’ve read.  If we don’t get it by Ramadan I don’t see it happening until after that Holiday.  

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23 minutes ago, Pitcher said:

 

 

Ramadan starts April 24th so your 21-22 works as good as anything I’ve read.  If we don’t get it by Ramadan I don’t see it happening until after that Holiday.  

Oh God not Ramadan again. I don't know any more about this speculation. Something's got to go down here

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This will be a Ramadan with Covid raining on their parade. Iran has not been very good at all about trying to prevent the spread of it. I would think with Iran's heavy finger on Iraq's  pulse, Iraq is right behind the dastardly Iranians. Iran sure did a number on Afghanistan's people.. 

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2 hours ago, Gypsygirl11 said:

Oh God not Ramadan again. I don't know any more about this speculation. Something's got to go down here

Yup every year somebody has to throw out Ramadan and yup Ramadan comes and goes every year and yup you know it NO RV.  So I am willing to bet this Ramadan will come and go and we wont see the iqd RV. 

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17 hours ago, Laid Back said:

The auction of today 4/7/20 is to cover the date of 3/19/20. If they continue doing that, they will never catch up with the actual date.

I still believe, something is going on at the CBI.... Also ISX still closed

 

Go RV

 

 

 

LB, the ISX will remained closed until 4/12/2020 according to the brokers in Iraq. Next Sunday is their scheduled day to reopen for trading, if they don't start trading next Sunday I would have to think something besides the virus has to come in play....

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6 hours ago, DoD said:

LB, the ISX will remained closed until 4/12/2020 according to the brokers in Iraq. Next Sunday is their scheduled day to reopen for trading, if they don't start trading next Sunday I would have to think something besides the virus has to come in play....

DoD, thanks for your input.

We wait and see, how this plays out.!

 

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I don't know if anyone has mentioned this before, but is it possible that Iraq is waiting for the "Global Currency Reset" that so many are talking about?  

 

The more our government hands out money, when they already are trillions of dollars in debt, the more it makes me think that some kind of "reset" is on the agenda that will involve all the countries.

 

Opinions anyone?

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