Auction Goes Over 200 Million Dollars - 0 views
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mike alfred on 24 Sep 14he Central Bank of Iraq holds auction five days a week. In this auction several banks of the country take part and sell dollars in exchange for dinar. The CBI gave the statement on Sunday that auction today went over 200 million dollars and was 200.545 million dollars at an exchange rate of 1166 dinars against one dollar. This is fruitful for the Central Bank as they earn profit against every single dollar.