CBI dollar sales go down to $116m on Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went down to $116.511 million in its daily auction on Wednesday, compared to $163.939 million in the previous session. “The demand hit $9.660 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $106.851 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 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. MH (P)/SR 1