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CBI dollar sales up to $796m this week

August 21, 2009 - 01:04:53

BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales rose in their daily auctions this week’s five sessions to reach $796.755 million at an exchange rate of 1,170 Iraqi dinars per dollar, compared to last week’s $$712.075 million.
This week’s cash sales decreased to $46.500 million against $55.850 million last week at an exchange rate of 1,183 per dollar, including the CBI’s commission of 13 Iraqi dinars per each dollar.
Foreign transfers rose to hit $750.255 million this week against $656.225 million last week at an exchange rate of 1,173 Iraqi dinars per each dollar, including the CBI’s commission of 3 Iraqi dinars per one dollar.
None of the banks that participated in this week’s sessions offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

SH (P)

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