CBI auction off Sunday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq suspended buying and selling activities in its auction for one day on Sunday, which was officially announced as a national holiday due to the local elections, a CBI source said. “The CBI will resume work on Monday,” the source told IraqiNews.com news agency. Dollar sales in the CBI foreign exchange auction rose on Thursday to reach $122.220 million at a stable rate of 1,170 Iraqi dinars per dollar. The CBI holds five foreign exchange buying and selling sessions on a weekly basis from Sunday to Thursday. AmR (P)/SR 1