| 2008: Stable demand for dollar in central bank auction |
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July 2, 2008 Demand for the dollar was stable in the Iraqi Central Bank's auction on Wednesday, registering at $121.770 million compared to $121.774 million on Tuesday. "The demand hit $16.120 million in cash and $105.650 million in money transfers outside the country, all covered by the bank at an exchange rate of 1,195 Iraqi dinars per dollar," according to the central bank's daily bulletin which was received by Aswat al-Iraq, Voices of Iraq - (VOI). The 14 banks that participated in the auction offered to sell 100,000 dollars, which the bank bought all at a rate of 1,193 dinars per dollar. The Iraqi Central Bank runs a daily auction from Sunday to Thursday. Source: Voices of Iraq |