Thread: Archive Latest News - Dinar Think Tank - 27/08/08 - 15/01/09

Stable demand for the dollar on Wed

Demand for the dollar was stable in the Central Bank of Iraq's (CBI) auction on Wednesday, registering at $110.240 million compared to $112.309 million on Tuesday.

"The demand hit $15.740 million in cash and $94.500 million in foreign transfers outside the country, all covered by the bank at a stable exchange rate of 1,184 Iraqi dinars per dollar, one tick lower than yesterday," an official source from the bank told Aswat al-Iraq - Voices of Iraq - (VOI).

None of the 10 banks that participated in the auction offered to sell dollars.

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

Aswat Aliraq