CBI dollar sales up to $169m

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went up to reach $169.100 million in its daily auction on Wednesday, compared to $127.903 in the previous session. “The demand hit $4.550 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $164.550 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 15 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily action from Sunday to Thursday. SH (P) 1