View Full Version : CBI sells $93m on Mon.

03-01-2010, 10:03 AM
CBI sells $93m on Mon.

March 1, 2010 - 11:42:25

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales dropped to $93.665 million in its daily auction on Monday, compared to $102.642 million in the previous session.

“The demand hit $8.240 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $85.425 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 12 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.


03-01-2010, 12:24 PM
and they had the results made public before they even opened,whats up with that?