CBI sells 128 million dollars in its Monday auction

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) has sold 128 million dollars in its auction for the sale and purchase of foreign currencies on Monday, with a rate of 1,170 dinars per dollars, down from Sunday sales that reached 156 million dollars, according to the CBI’s daily bulletin.   “The total size for the demand on the US dollars had reached 128,960,000 dollars on Monday, covered by the CBI on an average rate of 1,170 dinars per dollar,” the bulletin reported.   The CBI’s sales during its last session on Sunday had reached 156,402,000 dollars, at a rate of 1,183 dinars per dollar and an average commission of 13 dinars per dollar for the Bank, the bulletin stressed, adding that the Bank’s foreign transfers had reached 119,230,000 dollars, at a rate of 1,183 dinars per dollar and the Bank’s interest rate of 13 dinars per dollar.   The bulletin repeated its daily comment that none of the banks attending the auction, including today’s 17 banks, have shared in the dollar sales.   The CBI holds 5 weekly sessions, beginning on Sunday and ending on Thursday, for the sale and purchase of foreign currencies, charging 13 dinars per dollar, along with an interest rate of 13 dinars per dollar for its foreign transfers.   SKH (TI)/SR   362