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Dollar sales reach 178m on Thursday Iraqi Dinar Aucion
Demand for the dollar was higher in the Central Bank of Iraq’s (CBI) Dinar auction on Thursday, reaching $178.290 compared to $134.990 million in the previous session. “The demand hit $36.930 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $141.360 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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