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CBI Daily Auction & Currency Exchange Rates - Wednesday - 5/06/2020


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Wednesday - May 06, 2020

CBI - Foreign Currency Selling Window for Wednesday - 6/5/2020

Announcement No.(4184)

Sale Date -  Wednesday - 6/5/2020

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
166,277,000
Total sale cash
0
Total sale  amount
166,277,000

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.
 
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IQD Currency Exchange Rates

Wednesday - 6 May 2020

 

US dollar USD 1190.000
Euro EUR 1290.317
Pound sterling GBP 1481.550
Canadian dollar CAD 848.062
Swiss franc S.FR 1225.604
Swedish krona SEK 120.963
Norwegian krone NOK 115.486
Danish krone DKK 172.937
Japanese yen JPY 11.165
Chinese Yuan CNY 168.550
Australian dollar AUD 768.621
Special drawing rights SDR 1621.827
Gold for 24-ounce Gold 2008868.100
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( IQD Rates - Updated: Wednesday - 5/6/2020 )

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

Dinar Market Rate: (CBI last reported 5-6-2020)
1236.00 IQD to 1 USD

- Rates Are Within IMF 2% Rule: YES
- Are Rates IMF 2% Rule Compliant for 90 DaysYES (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, and ongoing since 4-21-2020) 90 Day Average is 1209.4

:salute:Good Morning Dinar Vets - Have a Blessed Day ... RON

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3 minutes ago, Donziman said:

Thanks for the update. I'm not sure i get why anyone would need dollars to buy a

supposed ton of imports when most business is closed due to virus Maybe Iran is

really in need of dollars since their money is worse off than the dinar.?

 

They're selling "digital dollars" for use in international transactions...they are still importing needed goods. It's when there are cash sales that things start to get dicey as far as Iran is concerned.

 

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9 hours ago, DinarThug said:

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The results of the foreign currency sale window for
Wednesday 6/5/2020 implemented today

 

Advertisement No. 4184

Sale date -  Wednesday 6/5/2020, executed today

 


the details                         The amount

Total sale for purposes of 
enhancing balances abroad 
(transfers, credits)                 166,277,000

Total cash sale                0

Total sales                           166,277,000


 

Note that:

 

The sale price of the sums transferred to the accounts of banks abroad ( 1190 ) dinars per dollar. Cash sale price ( 1190 ) dinars per dollar.

 

» The Central Bank of Iraq sales schedule of foreign currency (amounts in thousands of dollars) for Wednesday 6/5/2020, implemented today

 

 

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9 hours ago, DinarThug said:

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A rise in the dollar in Iraq today


A rise in the dollar in Iraq today  
 
05/6/2020  11:02:44
 
Foreign currency markets in Iraq recorded today, Wednesday, an increase in the exchange rate of the US dollar against the Iraqi dinar.

 

The selling and buying prices of the dollar in banking companies and offices are as follows:

The selling price of one dollar is 1247.5 dinars, or 124 thousand and 750 dinars per hundred dollars.

The purchase price of the dollar is 1237.5 dinars, or 123 thousand and 750 dinars per hundred dollars.

The price of foreign international currencies, gold and crude oil until the preparation of this news: 

The 

euro The global price: 100 euros = 108.22 dollars
sterling The global price: 100 pounds = 124.30 dollars
The Turkish lira The global price: 100 dollars = 709.22 Turkish pounds
Price of an ounce of gold Global = 1704.35 dollars
Per barrel of crude oil Brent = 30.90 dollars
Per barrel of US crude oil = 24.30 dollars.

 

 

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