The Cenbank said in its daily statement the dollar demand reached $0.850 million compared to $20.580 million on Monday.
The central bank covered all bids received from local banks which were $0.850 million in cash.
The exchange rate was at 1,437 iraqi dinar per dollar, two iraqi dinars down from the previous session.
Only six banks participated in Tuesday’s session, the lowest number in 2006, and none of them offered to sell dollars.
The Iraqi central bank runs a daily auction on Sunday through Thursday.(Source)Aswat Al Iraq