26 January 2011

BAGHDAD: The Central Bank of Iraq (CBI) dollar sales went up slightly on Wednesday to $63.970 million at an exchange rate of 1170 Iraqi dinars per dollar, compared to the previous session's $50.153 million.

"The demand hit $450.000 in cash today, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $63.520 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar," according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 10 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 2011