CBI dollar sales up by 37% this week

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales went up this week by 37 percent to reach $780.12 million compared to $569.082 million last week. “The demand hit $56.13 million in cash this week compared to $29.53 million last week, covered at exchange rate of 1,183 Iraqi dinars per dollar, and $723.99 million in foreign transfers outside the country, compared to $539.552 million last week, 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 banks that participated in this week’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. MH (P)/SH 1