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CBI Daily Auction & Currency Exchange Rates - Executed Monday - 11/21/2022 for Tuesday 11/22/2022


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The results of the foreign currency sale window, Tuesday, 11/22/2022

Monday - November 21, 2022

The results of the foreign currency sale window, Tuesday, 11/22/2022

Announcement No. (4770)

Sale Date: Tuesday, 22/11/2022

Details
  Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)
67,702,502
Total sale cash
28,850,000
Total sale  amount
96,552,502

Note that:

  • The selling price of amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar.
  • The cash selling price is ( 1460 ) dinars per dollar.

Link: » The Central Bank of Iraq’s sales schedule of foreign currency, Tuesday, 11/22/2022

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CBI Currency Exchange Rates
Monday - 11/21/2022

 

Currency Converter

US dollar USD 1,460,000
Euro EUR 1,513,436
pound sterling GBP 1,739,152
canadian dollar CAD 1,090,773
Swiss Franc S.FR 1,532,567
Swedish krona SEK 137,528
Norwegian krone NOK 144,329
Danish crown DKK 203,459
Japanese yen JPY 10,412
Chinese Yuan CNY 204,938
Australian dollar AUD 978,784
Special drawing rights SDR 1916,206
Gold for 24-ounce Gold 2,539,820,000
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( IQD Rates - Updated: Monday - 11/21/2022 )

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

Dinar Market Rate: (CBI last reported 8/11/2021) ** Still No Change Noted on CBI.IQ **
  1478.744 IQD to 1 USD

- Rates Are Within IMF 2% Rule: YES... (Rate is at 1.28383%) Started 16 June.
- Are Rates IMF 2% Rule Compliant for 90 Days: YES --  "521" days in compliance..! :twothumbs:

:tiphat:Have a Blessed Monday - Almighty GOD is Faithful..! :easyrider:RON 

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The Iraqi Central Bank reveals the reasons for the decline in sales of the foreign currency sale window

1016122-7365aa95-49de-4ac4-8af0-1c3704c0
Baghdad / NINA / - The Central Bank of Iraq revealed, today, Thursday, the reasons for the recent decrease in the volume of sales of the foreign currency sale window.

The bank said in a statement that it is working to automate banking business according to the best banking standards, including the establishment of an electronic platform that organizes the external transfer process through the foreign currency sale window, similar to the electronic platform that organized the work of letters of guarantee

. With the start of the pilot application of the platform, the implementation of part of the foreign transfers was postponed, which resulted in a decrease in the volume of sales of the foreign currency sale window.

He stressed, "The Central Bank continues to strengthen the balances of banks abroad to settle their foreign transactions through the window, which finances imports and other permitted transactions in accordance with the instructions of the window and the application of international standards and the law against money laundering and terrorist financing."/ End 7
 
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