Wednesday, May 8, 2024

Baghdad

Dollar sales up to 145m on Sun.

BAGHDAD / IraqiNews.com: Demand for the dollar was higher in the Central Bank of Iraq’s (CBI) auction on Sunday, reaching $145.085 million compared to $94.510 million in the previous session. “The demand hit $8.500 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $136.585 million 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) 1

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