Saturday, May 18, 2024

Baghdad

Dollar sales slightly down on Thur.

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales dropped slightly in its daily auction on Thursday to reach $134.350 million compared to last session’s $137.310 million. “The demand hit $6.150 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $128.200 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 17 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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