CBI sells 151 dollars in its Wednesday auction

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) has sold 151 million US dollars in its auction for   the sale and purchase of foreign currencies on Wednesday, on an exchange rate of 1,170 dinars per dollar, down from Tuesday’s sales of 197 million dollars, the CBI’s daily bulletin reported.   “The total size of today’s sales have reached 151 millions and 758,000 US dollars, covered by the CBI on an average exchange rate of 1,170 dinars per dollar,” the bulletin stressed.   The CBI’s sales in its previous session on Tuesday had reached 197 millions and 590,000 US dollars.   The Bank’s today’s sales have been distributed on a cash sale of 4 millions and 630,000 dollars, on an exchange rate of 1,183 dinars per dollar, including the Bank’s interest of 13 dinars per dollar, the bulletin added.   The Bank’s foreign transfers on Tuesday have reached 147 millions and 128,000 US dollars, on an exchange rate of 1,183 dinars per dollar, with the Bank’s interest of 13 dinars per dollar, the bulletin reported.   The bulletin repeated its daily comment that none of the banks, including the 21 banks that attended today’s session, have sold a single dollar.   The CBI holds 5 weekly auction sessions, beginning on Sunday and ending on Thursday for the sale and purchase of foreign currencies, charging an interest of 13 dinars per dollar, along with an interest of 13 dinars per dollar for its foreign transfers.   SKH (IT)