Drop in dollar sales on Thurs.

BAGHDAD / IraqiNews.com: Demand for the dollar dropped in the Central Bank of Iraq’s (CBI) auction on Thursday, reaching $76.888 million compared to $102.181 million in the previous session. “There was no demand for cash during today’s session, while foreign transfers outside the country registered $76.888 million, covered by the bank at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 12 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SS (P)/SR 1