CBI sells US$37 million in Tuesday auction

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) has sold US$37 million in its Tuesday auction for sale and purchase of foreign currencies, versus 21 million dollars in its previous session, at an exchange rate of 1,166 Iraqi dinars per dollar, the CBI‘s daily bulletin reported on Tuesday. The bulletin, received by IraqiNews.com news agency, pointed out that the total size of demand for the US dollar today reached 37 million, 660,000 dollars, covered by the CBI at an exchange rate of 1,166 dinars per dollar. Today’s session is considered high compared to Monday’s session which registered 21 million, 871,000 US dollars. The sale of dollars dropped last week due to ongoing tensions in Syria and the region.