| 2008: Slight increase in demand for the dollar on Thursday |
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June 12, 2008 Demand for the dollar was slightly up in the Iraqi Central Bank's auction on Thursday, reaching $76.420 million compared to $75.800 million on Monday. "The demand hit $19.370 million in cash and $57.50 million in foreign transfers outside the country, all covered by the bank at a stable exchange rate of 1,197 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 14 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 |