CBI sells $162m on Mon. February 22, 2010 - 10:13:10

[ArmyRanger]

CBI sells $162m on Mon.

February 22, 2010 - 10:13:10


BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales rose to $162.06 million in its daily auction on Monday, compared to $81.712 million in the previous session.

“The demand hit $12.610 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $149.450 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 15 banks that participated in today’s session offered to sell dollars.

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




http://en.aswataliraq.info/?p=127438

[IcemanSC]

Good post, thanks.