Hard Currency Auction: Session n°66

The 66th session of the hard currency Auction took place on September 17th, 2002 at the Central Bank of Burundi (B.R.B) with the effective attendance of all the local commercial banks.

With a supply USD 500,000, split into 20 shares of USD 25,000 each, while the demand of the banks amounted to USD 3,075,000, the amount purchased represented 16 %.

Whereas the bottom rate was fixed at USD = BIF 1071, the rates proposed by the banks were set between USD = BIF 1,064.5494 and USD = BIF 1,075.0999, and the medium rate being USD = BIF 1,074.9348.

IBB-News / 18 September 2002
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