Demand for the dollar drops on Thurs.

BAGHDAD / IraqiNews.com: Demand for the dollar was lower in the Central Bank of Iraq’s (CBI) auction on Thursday, reaching $68.078 million compared to $96.835 million in the previous session. “The demand was all in foreign transfers outside the country, covered by the bank at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 10 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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