CBI dollar sales down to $110m

BAGHDAD / IraqiNews.com: The Central Bank of Iraqs (CBI) dollar sales went down to reach $110.485 million in its daily auction on Thursday compared to $118.165 million during the previous session. “The demand hit $1.500 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $108.985 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 14 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. AmR (P) 1