CBI sells $601 million this week

BAGHDAD / IraqiNews.com: Demand on the dollar during the Central Bank of Iraq (CBI) auctions this week went down to $601 million at a stable exchange rate of 1,170 Iraqi dinars per dollar for the eleventh week in a row. The CBI dollar sales this week hit $601.490 million compared to last week’s $655.046 million, including $120.235 million in cash and $565.320 million in foreign transfers. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SH (P) 1