CBI sells $137m on daily auction

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) registered on Monday $137.609 million sales, compared to the previous session’s $127.960 million sales at an exchange rate of 1170 Iraqi dinars per dollar. “The demand hit $2.409 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $135.200 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 21 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) 695