Saturday, May 4, 2024

Baghdad

CBI’s dollar sales drop on Thur.

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went down in its daily auction on Thursday to reach $115.635 million compared to $150 million during the previous session. “The demand hit $4.500 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $111.135 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Iraqi News. None of the 13 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SS (P)/SR 1

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