| 2008: Demand for dollar drops in Sunday’s auction |
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July 20, 2008 Demand for the dollar went down in the Iraqi Central Bank's auction on Sunday, reaching $113.9 million compared to $124.845 million on Thursday "The demand hit $50.690 million in cash and $63 million in foreign transfers outside the country, all covered by the bank at an exchange rate of 1,193 Iraqi dinars per dollar," according to the central bank's daily bulletin, which was received by Aswat al-Iraq - Voices of Iraq - (VOI). None of the 17 banks that participated in the auction offered to sell dollars. The Iraqi Central Bank runs a daily auction from Sunday to Thursday. Source: Voices of Iraq |