View Full Version : CBI sells $705m this week

04-16-2010, 01:20 PM

CBI sells $705m this week
April 16, 2010 - 10:09:11
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales this week reached $705.805 million at a stable exchange rate of 1,170 Iraqi dinars per dollar, compared to $737 million last week.
“The demand hit $45.280 million in cash this week, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $660.525 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 banks that participated in this week’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.