CBI Daily Auction & Currency Exchange Rates - Thursday - 4/16/2020

[ronscarpa]

Thursday - April 16, 2020

CBI - Foreign Currency Selling Window for Tuesday, 24/3/2020 that was performed on Thursday, 4/16/2020

Announcement No.(4170)

Sale Date -  Tuesday - 24/3/2020 performed on Thursday - 4/16/2020

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	108,409,272
Total sale cash	0
Total sale amount	108,409,272

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.

[ronscarpa]

IQD Currency Exchange Rates

Thursday - 4/16/2020

 

• Exchange Rates

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

[ronscarpa]

( IQD Rates - Updated: Thursday - 4/16/2020 )

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

Official CBI 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

Good Morning Dinar Vets....Ron

 

[coorslite21]

42 minutes ago, ronscarpa said:

( IQD Rates - Updated: Thursday - 4/16/2020 )

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

Official CBI 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

Good Morning Dinar Vets....Ron

 

 

Morning Ron.....above it shows "Total Sale Cash" as zero.....can you explain how that affects the totality of the auction?

Thanks......Stay healthy my friend!

CL

[Laid Back]

Another auction for the month of March executed in April 

ISX opening postponed again, now to April the 25th
Banks stop giving Loans 

All public employees paid by 3/31

Customs duties zeroed out

Printing currency not issuing currency 

 

Its coming...!!!

 

[tigergorzow]

7 minutes ago, Laid Back said:

Another auction for the month of March executed in April 

ISX opening postponed again, now to April the 25th
Banks stop giving Loans 

All public employees paid by 3/31

Customs duties zeroed out

Printing currency not issuing currency 

 

Its coming...!!!

 

Please Please Please Please let it be TRUE.....🙏🙏......Ready to Really RETIRE....😁😁

[DinarThug]

4 minutes ago, tigergorzow said:

Ready to Really RETIRE....😁😁

What’s The Difference - There’s No Jobs To Go Back To At The Moment Anyways ?  

 

 

     

[Rochester]

4 minutes ago, DinarThug said:

What’s The Difference - There’s No Jobs To Go Back To At The Moment Anyways ?  

 

 

     

 

I don't always drink beer. But when I do, it's usually root beer.

 

I don't always laugh, but when I do, it's at a good joke...🤣

[dinareffic]

41 minutes ago, Laid Back said:

Another auction for the month of March executed in April 

ISX opening postponed again, now to April the 25th
Banks stop giving Loans 

All public employees paid by 3/31

Customs duties zeroed out

Printing currency not issuing currency 

 

Its coming...!!!

 

Totally agree Laidback.  I've always thought late April as a date.  Particularly April 30th.  We will see

[ronscarpa]

On 4/16/2020 at 7:34 AM, coorslite21 said:

 

Morning Ron.....above it shows "Total Sale Cash" as zero.....can you explain how that affects the totality of the auction?

Thanks......Stay healthy my friend!

CL

 

Hi CoorsLite21,  There were no sales of CASH, but only digital transactions.  There is typically cash transactions in the range of 25 Million, but not since mid March. I'm not really sure why, or what they are trying to accomplish. Laid Back posted something in detail about a week ago or so. That's the best I can do for you. Blessings. Ron 

[ChuckFinley]

Thanks Ron, will be checking LB post.