| 2008: Higher demand for the dollar on Thursday in Dinar Auction |
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July 24, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Thursday, reaching $153.240 million compared to $114.525 million on Wednesday. "The demand hit $27.320 million in cash and $125.910 million in foreign transfers outside the country, all covered by the bank at an exchange rate of 1,192 Iraqi dinars per dollar, unchanged for the fourth session in a row," 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 |