CBI dollar sales increase to 152 million dollars

BAGHDAD / IraqiNews.com: The sale of dollars in the Central Bank of Iraq (CBI) daily auction reached 152 million dollars, compared to 109 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 has dropped in comparison to the end of last year where the daily auction saw an average of 200 million dollars in sales. The decline was made by 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 (TP)/SR608