CBI sells $93m on Mon.

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales dropped to $93.530 million in its daily auction on Monday, compared to $132.874 in the previous session. “The demand hit $8.040 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $85.490 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 13 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