Dollar demand lower at CBI auction

BAGHDAD , Sept. 21 (Iraqi News) – Demand for the dollar was down in the Central Bank of Iraq (CBI) auction on Thursday, registering at $ 60.660 million compared to $ 78.460 million on Sunday. “The demand hit $17.420 million in cash and $ 43.240 million in foreign transfers outside the country, all covered by the bank at a stable exchange rate of 1,180 Iraqi dinars per dollar, unchanged for the sixth consecutive session,” an official source from the bank told IraqiNews.com – Voices of Iraq – (Iraqi News). None of the 11 banks that participated in the session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. AmR (P) 1