CBI sells $127 million on Monday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales reached $127.910 million in its daily auction on Monday. “There was no demand on cash, while the foreign transfers outside the country reached $127.910 million, covered at an exchange rate of 1,179 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 auction from Sunday to Thursday. SH (P) 1