BAGHDAD / Aswat al-Iraq: Demand for the dollar was lower in the Central Bank of Iraq (CBI) auction on Wednesday, reaching $132.780 million compared to $150.250 million during the previous session.
“The demand hit $15 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $117.780 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 14 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
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