CBI sells $89m on Sun.

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales reached $89.339 million in its daily auction on Sunday. “The demand hit $3.09 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $86.249 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 12 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SS (P) 1

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