CBI dollar sales cap week with slight increase

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went up to reach $107.086 million in its daily auction on Thursday, compared to $106.268 million in the previous session. “The demand hit $100,000 in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $106.986 million in foreign transfers outside the country, 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 15 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