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CBI dollar sales go up to $187 million

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1CBI dollar sales go up to $187 million  Empty CBI dollar sales go up to $187 million Wed Feb 22, 2012 11:25 am

Fast Eddie


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BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales went up to $187,192 million in its daily auction on Monday, compared to $152 million in the previous session.

The exchange rate reached to 1,166 Iraqi dinars for one dollar.

"The demand hit $12,500 million in cash, covered at an exchange rate of 1,179 Iraqi dinars per dollar, and $174,692 million in foreign transfers outside the country, covered at an exchange rate of 1,179 Iraqi dinars per dollar," according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 21 banks that participated in today’s session offered to sell dollars.

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


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