No CBI Daily Auction - Wednesday - 10/14/2020

[ronscarpa]

There was No CBI Daily Auction today, Wednesday - 10/14/2020

It's interesting that the White Papers were issued today, but little

has been revealed about what is in them....RON

[King Bean]

Thanks Ron. Currency Auctions are a know faucet of US dollars to Iran. Cut 'em off !! Kazemi is the man. Let's see how the rest of the White Paper solutions are implemented. It's a good sign.

                                                                                                     

[ronscarpa]

{Baghdad: Al Furat News} Today, Wednesday, the foreign currency markets in Iraq recorded a rise in the exchange rate of the dollar against the dinar. The official CBI rate remains 1231.119

 

The sale of dollar rose on the Kifah Stock Exchange to 2415 dinars for one dollar. 
In Al-Harithiya Stock Exchange, it increased to 1242 dinars per dollar.
In exchange offices in Baghdad, the purchase of the dollar at an exchange rate of 1237.5 dinars, and the sale of 1247.5 dinars.
As for the exchange rates in the governorates, they varied. 

[King Bean]

53 minutes ago, ronscarpa said:

on the Kifah Stock Exchange to 2415 dinars for one dollar. 

Seems way out of whack, Ron. Typo perhaps. 

       But definitely going the wrong way.

Edited October 14, 2020 by King Bean

[Smokey Mtn. Dinar]

Here it is:

 

 

 

Foreign Currency Selling Window for 14/10/2020

 

Announcement No.(4274)

Sale Date - 14/10/2020

Details	Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)	166,411,764
Total sale cash	16,600,000
Total sale amount	183,011,764

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 

[ronscarpa]

34 minutes ago, Smokey Mtn. Dinar said:

Foreign Currency Selling Window for 14/10/2020

Announcement No.(4274) - Sale Date - 14/10/2020

 

Thanks Smokey - it wasn't up when i checked the current & previous Auctions.

Blessings ... Ron 

[ronscarpa]

1 hour ago, King Bean said:

Seems way out of whack, Ron. Typo perhaps. 

       But definitely going the wrong way.

 

The Baghdad Buy rate is 1237.5 and the official CBI market rate is 1231.1 - yes, I agree it's going the wrong way, but I'm hoping they will finally pull the plus and give the IQD a realistic value and go solely to the dinar for all transactions. Ron