Demand for dollar down on Wednesday

BAGHDAD / IraqiNews.com: Demand for the dollar went down in the Central Bank of Iraq’s (CBI) auction on Wednesday, registering at $213.715 million, compared to $239.465 million in the previous session. “The demand hit $33.757 million in cash, covered by the bank at an exchange rate of 1,177 Iraqi dinars, and $180.120 million in foreign transfers outside the country covered by the bank at an exchange rate of 1,174 Iraqi dinars per dollar, according to a CBI news bulletin received by IraqiNews.com news agency. None of the 19 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) 1