CBI dollar sales increase on Mon.

BAGHDAD / IraqiNews.com: Demand for the dollar increased in the Central Bank of Iraq’s (CBI) auction on Monday, hitting $158.400 million at a stable exchange rate of 1,170 Iraqi dinars (ID) per dollar, compared to $95.090 million in the previous session. “The demand hit $43.245 million in cash covered by the bank at an exchange rate of ID 1,176, while foreign transfers outside the country registered $115.150 million, covered at an exchange rate of ID 1,173,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 15 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. MH (P) / SS 1