CBI dollar sales go up to $187 million

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went up to $187,192 million in its daily auction on Monday, compared to $152 million in the previous session. The exchange rate reached to 1,166 Iraqi dinars for one dollar. “The demand hit $12,500 million in cash, covered at an exchange rate of 1,179 Iraqi dinars per dollar, and $174,692 million in foreign transfers outside the country, covered at an exchange rate of 1,179 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 (TS)/SR 597