CBI dollar sales increases to 126 million

BAGHDAD / IraqiNews.com: The sale of dollars in the Central Bank of Iraq (CBI) auction today reached 126 million dollars, compared to 98 million from the previous session. The exchange rate reached to 1166 Iraqi dinars for one dollar. The CBI bulletin, received by IraqiNews.com, pointed out that the demand for the dollar was decreased in comparison to the end of the past year which reached an average of 200 million dollars. The decline was the result of the political situations in both Iran and Syria. CBI holds five sessions per week to sell and buy the dollar to other Iraqi private banks. RM (TS)/SR 937