03 May 2012
BAGHDAD: The Central Bank of Iraq's (CBI) dollar sales went up to $166,528 in the last auction in the week, compared to $132,296 million in the previous session.

The exchange rate reached to 1,166 Iraqi dinars for one dollar.

"The demand hit $3,190 million in cash, covered at an exchange rate of 1,179 Iraqi dinars per dollar, and $163,338 million in foreign transfers outside the country, covered at an exchange rate of 1,179 Iraqi dinars per dollar," according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 15 banks that participated in today's session offered to sell dollars.

The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

© Aswat Aliraq 2012