Sunday, September 22, 2024

Baghdad

CBI sales up to $168m in daily auction

BAGHDAD / IraqiNews.com: Demand for the dollar was on the rise in the Central Bank of Iraq (CBI) auction on Thursday, registering $168.535 million compared to $97.765 million in the previous session. “The demand hit $47.300 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $121.235 million in foreign transfers outside the country, covered by the bank at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 17 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. AmR (P) 1