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CBI sells $180 million on Monday

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1CBI sells $180 million on Monday  Empty CBI sells $180 million on Monday Mon Feb 27, 2012 1:25 pm

Fast Eddie


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BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales was down to $180,980 million in its daily auction on Monday, compared to $188.878 million in the previous session.

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

"The demand hit $12,850 million in cash, covered at an exchange rate of 1,179 Iraqi dinars per dollar, and $168,130 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 20 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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