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Thread: CBI dollar sales rise by 9% this week March 12, 2010

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    CBI dollar sales rise by 9% this week March 12, 2010

    CBI dollar sales rise by 9% this week

    March 12, 2010 - 09:36:20

    BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales went up this week by 9%to reach $518.425 million compared to $475.274 million last week.

    “The demand hit $32.670 million in cash this week compared to $27.760 million last week, covered at exchange rate of 1,183 Iraqi dinars per dollar, and $485.755 million in foreign transfers outside the country, compared to $447.514 last week, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

    None of the banks that participated in this week’s session offered to sell dollars.

    The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

    SH (P)

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    Thanks for the post.

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