CBI dollar sales drop to $189 million

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales dropped on Wednesday to $189.182 million at an exchange rate of 1170 Iraqi dinars per dollar, compared to the previous session’s $209.960 million. “The demand hit $1,560 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $187.622 million in foreign transfers outside the country, covered at an exchange rate of 1,183 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 20 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)/SR 2