CBI sells 150 million dollars in Tuesday auction

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) has sold US dollars 151 millions in its auction for the sale and purchase of foreign currencies on Tuesday, at a rate of 1,170 Iraqi dinars per dollar, exceeding Monday sales that had reached 128 million dollars, according to the CBI’s daily bulletin.   “The total size of the demand of the US dollar had reached 151,325,000 dollars, covered by the CBI at an average rate of 1,170 dinars per dollar,” the bulletin stressed.   The CBI’s sales in its Monday auction had reached 128,960,000 dollars.   “The Tuesday auction was distributed on cash sales of 7,240,000 dollars, at an average rate of 1,183 dinars per dollar,” the bulletin pointed out, adding that the foreign transfers had reached 144,85,000 dollars, in addition to the Bank’s interest of 13 dinars per dollar.   The bulletin repeated its daily comment that none of the banks that shared in the dollar auctions, including the 21 banks that attended the Tuesday auction, had shared in offering any dollar for sale.   The CBI holds 5 weekly auctions to sell and buy foreign currencies, beginning from Sunday and ending by Thursday, whilst it charges 13 dinars per dollar for its foreign transfers.   SKH (TI)/SR   591