Wednesday, May 1, 2024

Baghdad

Dollar sales up to 188m on Mon.

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales were higher in its daily auction on Monday to reach $188.490 million compared to $108 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 $183.540 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 16 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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