View Full Version : CBI sells $98 million on Wednesday

02-03-2010, 06:23 AM
CBI sells $ 98 million on Wednesday

February 3, 2010 - 12:18:08

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq's (CBI) dollar sales dropped to $ 98.880 million in its daily auction on Wednesday, compared to $ 146.278 million in the previous session.
"The demand hit $ 10.400 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $ 88.480 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 15 banks that participated in today's session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.