CBI’s dollar sales higher on Mon.
February 1, 2010 - 01:30:57
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales dramatically increased to $195.655 million in its daily auction on Monday, compared to $77.529 million in the previous session.
“The demand hit $5.660 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $189.995 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 17 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
SS (P)
February 1, 2010 - 01:30:57
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales dramatically increased to $195.655 million in its daily auction on Monday, compared to $77.529 million in the previous session.
“The demand hit $5.660 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $189.995 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 17 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
SS (P)