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CBI dollar sales reach highest level this year to 308 million dollars Empty CBI dollar sales reach highest level this year to 308 million dollars

Post by Kevind53 Wed Aug 15, 2012 10:42 pm

8/12/2012 BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq's (CBI) dollar sales reached today (Sunday) to its highest peak to 308 million dollars, compared to $ 218 million in the previous session.

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

In mid of the last week, the sales reached to 304 million dollars, which was regarded as the highest at that period.

The CBI sales fluctuated during the previous months due to the political situation in the region, particularly following the economic sanctions imposed on Syria and Iraq.The demand for the Iraqi dollar sales was attributed to the needs of the main two neighboring countries to meet their foreign purchases.

None of the 31 banks that participated in today's session offered to sell dollars.The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

© Aswat Aliraq 2012

http://en.alforattv.net/modules/news/print.php?storytopic=1&storyid=1604

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