Iraqi Dinar Discussion Board

[IRAQ1370]

Dollar sales jump to $181m on Wednesday
March 10, 2010 - 10:19:54
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales jumped to $181.850 million in its daily auction on Wednesday, compared to $85.010 million in the previous session.

“The demand hit $15.670 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $166.180 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 13 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

SH (P)