Rise in USD sales during CBI auction of Monday auction session

Baghdad (IraqiNews.com) The Central Bank of Iraq announced an increase in dollar sales in its Monday auction session compared to the previous day’s auction session where dollar sales reached USD $153,000,000.

The CBI reported in statement received by IraqiNews.com ”During Monday auction session the CBI sold USD $176,891,000 at price of 1166 Iraqi Dinars with the participation of (20) banks.”

”The price of dollar cash sale reached 1179 including the commission deducted by the CBI while the price of bank transfers reached 1171 Iraqi Dinars,” the statement added.”The CBI will continue selling US dollars at the rate of 1166 Iraqi Dinars with the same commission,” the statement concluded.

Statistics prepared by IraqiNews.com regarding the USD sales of the CBI revealed selling USD $4,563,000,751 during August 2013.