CBI concludes dollar selling with decrease

CBI concludes dollar selling with decrease
2/16/2012 3:26 PM

BAGHDAD / Aswat al-Iraq : Dollar selling in the Central Bank of Iraq (CBI) deteriorated today to reach 89 million, in comparison of 126 million dollars in the previous session.
The exchange rate reached to 1179 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.