CBI sells $124m on Thursday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went down to reach $124.190 million in its daily auction on Thursday, compared to $169.100 in the previous session. “The demand hit $1.710 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $122.480 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 14 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily action from Sunday to Thursday. SH (P)/SR 1