CBI sells $231 million on Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales on Wednesday registered $231.287 million, up from the previous session’s $187.195 million at an exchange rate of 1170 Iraqi dinars per dollar. “The demand hit $1.799 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $229.488 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 (TP)/SR 926