Dollar sales down to 138m on Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales was down in its daily auction on Wednesday to reach $138.960 million compared to last session’s $$177.120 million. “The demand hit $8.500 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $130.460 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 17 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SH (P) 1