Central bank of Iraq sells $124m on Wednesday
July 01, 2009
“The demand hit $3 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinar, and $121.980 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 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. (Source) Aswat Al Iraq