CBI’s dollar sales nosedive to 99m
January 18, 2010
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales dropped significantly to $88.950 million in its daily auction on Monday, compared to $168.902 million during the previous session.
“The demand hit $11.410 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $77.540 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the 10 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
http://en.aswataliraq.info/?p=125412
January 18, 2010
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales dropped significantly to $88.950 million in its daily auction on Monday, compared to $168.902 million during the previous session.
“The demand hit $11.410 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $77.540 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the 10 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
http://en.aswataliraq.info/?p=125412