CBI dollar selling increases to 111 million dollars

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2/19/2012 5:15 PM

Economy

CBI dollar selling increases to 111 million dollars

BAGHDAD / Aswat al-Iraq : The dollar selling in the Central Bank of Iraq (CBI) auction today increased to 111 million dollars, compared to 89 million for the previous session.

The exchange rate reached to 1166 Iraqi dinars for one dollar.

CBI bulletin , copy received by Aswat al-Iraq, pointed out that the demand for the dollar was decreased in comparison to the end of the past year that reached to averagely to 200 million dollars.

The decline was made by the political situations in both Iran and Syria.

CBI holds five sessions per week to sell and buy the dollar to other Iraqi private banks.

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