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CBI dollar sales go down to $186 million
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales dropped to $186.415 million in its daily auction on Wednesday, compared to $212.910 million in the previous session.
“The demand hit $10.800 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $175.615 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 Aswat al-Iraq news agency.
None of the 13 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
Link: http://en.aswataliraq.info/?p=128690
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Even with all the smokescreens - I'm surprised the sales went down.
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