Dollar sales reach 178m on Thurs.

BAGHDAD / IraqiNews.com: Demand for the dollar was higher in the Central Bank of Iraq’s (CBI) auction on Thursday, reaching $178.290 compared to $134.990 million in the previous session. “The demand hit $36.930 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $141.360 million in foreign transfers outside the country, covered 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 14 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) 1