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Thursday, July 10, 2008 1:22:17 PM

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Lower demand for the dollar on Thursday

Baghdad - Voices of Iraq
Thursday , 10 /07 /2008 Time 2:19:04




BAGHDAD, July 10 (VOI) - Demand for the dollar was down in the Iraqi Central Bank's auction on Thursday, reaching $157.245 million compared to $161.375 million on Wednesday.

"The demand hit $61.955 million in cash and $95.290 million in foreign transfers outside the country, all covered by the bank at an exchange rate of 1,194 Iraqi dinars per dollar," according to the central bank's daily bulletin, which was received by Aswat al-Iraq - Voices of Iraq - (VOI).
None of the 19 banks that participated in the auction offered to sell dollars.

The Iraqi Central Bank runs a daily auction from Sunday to Thursday.


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