tmorr37
10-19-2006, 05:55 PM
Iraq: A decline in demand for dollar purchase during the CB auction
Posted on Thursday, October 19 @ 03:51:05 PDT
Topic: Iraq
The demand for dollar purchase decreased last Monday during the second cession of the Iraqi Central Bank auction within this week, recording a demand amounted to 43 million 800 thousand dollars, down from yesterday which was 46 million dollars.
Purchase orders were divided between 18 million and 690 thousand dollars in cash and 25 million and 110 thousand dollars in the form of remittances to abroad, which the bank fully covered by a fixed rate of exchange for the third consecutive cession, at 1470 dinars to the dollar.
However, not any of the ten banks participating in the auction, offered to sell the dollar to the bank.
Source: Aswat Al Iraq
LawkSalih.Com - A decline in demand for dollar purchase during the CB auction (http://www.lawksalih.com/php/modules.php?name=News&file=article&sid=1767)
Posted on Thursday, October 19 @ 03:51:05 PDT
Topic: Iraq
The demand for dollar purchase decreased last Monday during the second cession of the Iraqi Central Bank auction within this week, recording a demand amounted to 43 million 800 thousand dollars, down from yesterday which was 46 million dollars.
Purchase orders were divided between 18 million and 690 thousand dollars in cash and 25 million and 110 thousand dollars in the form of remittances to abroad, which the bank fully covered by a fixed rate of exchange for the third consecutive cession, at 1470 dinars to the dollar.
However, not any of the ten banks participating in the auction, offered to sell the dollar to the bank.
Source: Aswat Al Iraq
LawkSalih.Com - A decline in demand for dollar purchase during the CB auction (http://www.lawksalih.com/php/modules.php?name=News&file=article&sid=1767)