CBI sells $177m on Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) registered on Wednesday $177.638 million sales, compared to the previous session’s $165.534 million sales at an exchange rate of 1170 Iraqi dinars per dollar. “The demand hit $1.130 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $176.508 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 16 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   503