CBI sells 202 million US dollars on Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) has recorded a slight drop in its Wednesday auction for the sale and purchase of foreign currencies to reach 202 million US dollars, less than Tuesday sale by 710,000 US dollars, at an exchange rate of 1,166 dinars per dollar, according to the CBI‘s daily bulletin. The bulletin, copy of which dropped in IraqiNews.com news agency stressed that the total size of demand on the US dollar had reached 202 million dollars, covered by the CBI on an exchange rate of 1,166 dinars per dollar, whilst the Bank’s Tuesday sales had reached 202 million 710,000 US dollars. The sales of the auction, the bulletin noted, had reached 10 million 750,000 dollars, at an exchange rate of 1,179 dinars per dollar, including the Bank’s interest of 13 dinars per dollar, whilst the foreign transfers had reached 191 million and 250,000 The bulletin repeated its daily comment that none of the banks that attended the sessions, including the 24 banks that attended today’s session had offered a single dollar for sale. The CBI holds 5 sessions the selling and purchase of foreign currencies, starting on Sunday and ending on Thursday, charging 13 dinars per dollar, whilst the Bank gets an average interest of 13 dinars per dollar for its foreign transfers. SKH (TI) 532