CBI sells $736m this week

BAGHDAD / IraqiNews.com: Demand on the dollar during the Central Bank of Iraq (CBI) auctions this week went up to $736 million at a stable exchange rate of 1,170 Iraqi dinars per dollar for the ninth week in a row. The CBI dollar sales this week hit $736.940 million compared to last week’s $569.535 million, including $171.235 million in cash and $565.705 million in foreign transfers. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SH (P) 1