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Official CBI IQD Market Dinar Rate as of 6/02/2021


ronscarpa
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( IQD Rates - Updated: Friday - 6/04/2021 )

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

Dinar Market Rate: (CBI last reported 6-02-2021) * NEW Change 
1495.250  IQD to 1 USD      

- Rates Are Within IMF 2% Rule: NO... (Rate is at 2.4144%Busted it..!
- Are Rates IMF 2% Rule Compliant for 90 Days: NO -- Busted it after only 163 days..!

:salute:Happy & Blessed Friday Everyone - GOD is Good & He's Faithful...!  RON 

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3 hours ago, Fairways&Greens said:

This is bad news right? Don’t they need to have compliance before an RV can occur? Does this start the clock over?

Hard to say, Kaperoni always said that they need to have 90-120 days compliance of being within 2%.

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17 hours ago, WheresmyRV? said:

Hard to say, Kaperoni always said that they need to have 90-120 days compliance of being within 2%.

 

 

The 90 day rule is just a tool, IMF does every three months to monitor potential problem areas & take evasive actions.

As far as compliance, the IMF looks at central banks policies & performances over a year or longer.  CBI is within compliance going back years. Once or twice out of compliance is a no game breaker.  Relax folks...the rate change is coming.

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