Central Bank Iraq sells $705m worth of iraqi dinar this week
April 17, 2010
“The demand hit $45.280 million in cash this week, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $660.525 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinar per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the banks that participated in this week’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.(Source) Aswat Iraq