CBI sells $180m on Monday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales reached $180.943 million in its daily auction on Monday, compared to $89.339 million in the previous session. “The demand hit $6.930 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $174.013 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 16 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SH (P)/SR 1