CBI sells $170 million

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales went up on Monday to $170.899 million, compared to the previous session’s $164.309 million, at an exchange rate of 1,170 Iraqi dinars per dollar. “The demand hit $4.248 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $166.651 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 18 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) 871