Hard Currency Auction: Session n°68

Like in the two last weeks, the hard currency bid for auction sale was worded in US dollards and limited to USD 500,000 at the sixty eighth auction sale that took place at the Central Bank on October 1st, 2002.

In spite of a bottom rate of USD = 10.65 which dropped dowm by 1 % compared to the previous session, the medium rate appears with no big change, i.e USD = BIF 1,072.9250 instead of USD = BIF 1,073.0097 a week before.

It's worthnothing that the banks' demand that was met at only 16 %, was USD 3,125,000 with proposed rates set between USD = BIF 1,071.5555 and USD = BIF 1,073.0000.

IBB-News / 02 October 2002
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