Dollar sales hit 177m on Tues.

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales was lower in its daily auction on Tuesday to reach $177.120 million compared to last session’s $195.550 million. “The demand hit $11.06 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $166.06 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 Iraqi News. None of the 18 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