View Full Version : CBI sells $57 million on Wednesday

12-02-2009, 08:45 AM
CBI sells $57 million on Wednesday

December 2, 2009 - 11:21:11

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales decreased to $57.80 million in its daily auction on Wednesday, compared to $177.470 million during the previous session.
“The demand hit $8.730 million in cash, covered at exchange rate of 1,170 Iraqi dinars per dollar, and $48.350 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.


12-02-2009, 08:50 AM
Is this a sign or just the result of them coming off Holiday - who knows... I'll take it being "THE SIGN" ;-)

12-02-2009, 11:28 PM
Thx moi ..............