In its daily statement the bank said it had covered all bids, including $15.725 million in cash and $49.370 in foreign transfers, at an exchange rate of 1,249 dinars per dollar, the same as yesterday.
None of the banks that participated in Wednesday's auction offered to dollars.
Ali al-Yasseri, a trader,said that stability in the auction for the third session in a row is due to stability in the exchange rate, which has made banks act in an ordinary way.
The Iraqi Central Bank runs a daily auction from Sunday to Thursday. (Source)VoiceOfIraq