CBI sells 135 million dollars in its Tuesday auction

BAGHDAD / IraqiNews.com: The sales of the Central Bank of Iraq (CBI) on Tuesday has reached 135 million U.S. dollars in its auction for the sale and purchase of foreign currencies, on the rate of 1,170 dinars per dollar, considered a rise on Monday sales that reached 124 million dollars, the CBI’s daily bulletin reported.   “The total size on the demand on the U.S. dollar has reached 135,819,000 dollars, covered by the CBI on a rate of 1,170 dinars per dollar,” the bulletin stressed.   The CBI’s sales during Monday’s session reached 124,342,000, U.S. dollars, the bulletin added.   “Today’s auction was distributed on cash sales for 7,560,000 dollars, at an average rate of 1,183 dinars per dollar, including the CBI’s commission of 13 dinars per dollar,” the bulletin pointed out.   It added that the foreign transfers during Tuesday’s auction reached 128,259,000 dollars, at an average rate of 1,183 dinars per dollar.   The bulletin, as usual, repeated its daily comment that none of the banks, including the 19 banks that attended Tuesday’s session, had offered any dollar for sale in the session.   The Central Bank of Iraq holds 5 weekly auction sessions, starting from Sunday and ending on Thursday, to sell and buy foreign currencies, charging 13 dinars per dollar for its cash sales, and 13 dinars per dollar for its foreign transfers.   SKH (TR)/SR 496