CBI sells $676 million this week

BAGHDAD / IraqiNews.com: Demand on the dollar during the Central Bank of Iraq (CBI) auctions this week rose to $676 million at a stable exchange rate of 1,170 Iraqi dinars per dollar for the 12th week in a row. The CBI dollar sales this week hit $676.249 million compared to last week’s $601.490 million, including $113.840 million in cash and $562.409 million in foreign transfers. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SH (P) 1