CBI Dollar Sales Skyrocketed on Wednesday
February 2nd, 2011 04:35 pm · Posted in NEWS (Iraq & World Currency)
2/2/2011

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales jumped on Wednesday to $190.514 million at an exchange rate of 1170 Iraqi dinars per dollar, compared to the previous session’s $73.750 million.

“The demand hit $1.749 in cash today, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $188.765 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 18 banks that participated in today’s session offered to sell dollars.

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