Saturday, May 4, 2024

Baghdad

CBI’s dollar sales reach 220m on Tues.

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went up to reach $220.600 million in its daily auction on Monday compared to $192.980 million during the previous session. “The demand hit $6.890 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $213.710 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 18 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) 1

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