Central bank sales rise on Monday

[yota691]

 

Central bank sales rise on Monday

 

•  

 2021-01-25 04:01

 

Shafaq News / The Central Bank of Iraq sales of hard currency increased, on Monday, to more than 11 million dollars.

The correspondent of Shafaq News Agency stated that the Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today a rise in its sales to reach 11 million 650 thousand dollars, which the bank covered at a basic exchange rate of 1460 dinars per dollar, compared to yesterday, Sunday, where sales reached 3 million $ 337K.

He added that the sales all went to boost the assets abroad in the form of transfers and credits, while the dollar was not purchased in cash.

Our correspondent indicated that 6 banks have fulfilled the requests to enhance the assets abroad.

[Engine1]

It goes up it goes down,, just like the value of the dinar.  Oops I was wrong the dinar just goes down. 

[yota691]

The results of the foreign currency sale window on Monday 01/25/2021, and executed today

 

  

 January 25, 2021

The results of the foreign currency sale window on Monday 01/25/2021, and executed today

 

Advertisement No. (4343)

Sale date - Monday 25/1/2021, and executed today

the details Amount
Total sale for the purposes of enhancing funds abroad (transfers, credits)
11,650,840
Total cash sale
0
Total sales
11,650,840

Note that:

• The sale price of the sums transferred to bank accounts abroad is ( 1460 ) dinars per dollar.
• The cash sale price is ( 1460 ) dinars per dollar.

» The Central Bank of Iraq’s foreign currency sales schedule, Monday 01/25/2021, and executed today

[NWGUY]

Still like it....better than 180,000,0000 or more.  Maybe the auction will end soooon! 

[dinarham]

This last currency auction verifies again that there is much less need for the USD

[3n1]

in the past years since shabibi was run off , the auctions imo were pretty much a tool for corruption and thievery but everyone knows that.......... 

cheers dv'ers 

[ronscarpa]

CBI Currency Exchange Rates

Monday - 1/25/2021

 

• Currency converter

US dollar	USD	1460,000
Euro	EUR	1775.068
Pound sterling	GBP	1995.601
Canadian dollar	CAD	1148.160
Swiss franc	S.FR	1650.090
Swedish krona	SEK	176.163
Norwegian krone	NOK	171.823
Danish krone	DKK	238.570
Japanese yen	JPY	14.095
Chinese Yuan	CNY	225.483
Australian dollar	AUD	1130.916
Special drawing rights	SDR	2105.992
Gold for 24-ounce	Gold	2686 415.000

[ronscarpa]

( IQD Rates - Updated: Monday - 1/25/2021

Official Central Bank of Iraq (CBI) Dinar Rate:
1460 IQD to 1 USD

Dinar Market Rate: (CBI last reported 1-21-2020) * No Change
1465.000  IQD to 1 USD      

- Rates Are Within IMF 2% Rule: Yes 
- Are Rates IMF 2% Rule Compliant for 90 Days: No

Have a Blessed day Everyone - GOD is Faithful ...! 

         Hope & Pray that the CBI increases the value of the IQD soon.........Ron