Central Bank of Iraq closes its weekly session with selling US$171 million on Thursday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) has closed its weekly selling of its auctions on Thursday with selling 171 million dollars, back from its Wednesday auction that sold 195 millions, according to its weekly bulleting on Thursday.   “The total demand on U.S. dollars has reached 171 millions and 124,000 dollars, covered by the CBI on basis of 1,170 dinars per dollar,” the bulletin reported.   The CBI’s Wednesday sales had reached 195 millions and 573, 000 dollars.   Thursday’s cash dollar sales had reached 3 millions and 834,000 dollars, on basis of 1,183 dinars per dollar and the Bank’s interest rate of 13 dinars per dollar, the bulletin pointed out.   The transfers of U.S. dollars had reached 167 millions and 834,000 dollars, based on 1,183 dinars per dollar, with an interest rate of 13 dinars per dollar.   The CBI’s bullet had also repeated its daily announcement that none of the 16 banks, that attended by auction had offered the selling of any U.S. dollar.   The Central Bank of Iraq holds 5 weekly sessions for its auctions to sell and buy foreign currencies, charging 13 dinars per dollar, as well as charging 13 dinars per dollar in foreign transfers.   SKH (IT)     778