Dollar sales down to 653m this week

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales went down in their daily auctions this week’s five sessions to reach $653.545 million at an exchange rate of 1,170 Iraqi dinars per dollar, compared to last week’s $796.755 million. This week’s cash sales decreased to $40.460 million against $46.500 million last week at an exchange rate of 1,183 per dollar, including the CBI’s commission of 13 Iraqi dinars per each dollar. Foreign transfers decreased also to $613.085 million this week against $750.255 million last week at an exchange rate of 1,173 Iraqi dinars per each dollar, including the CBI’s commission of 3 Iraqi dinars per one dollar. None of the banks that participated in this week’s sessions offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SH (P) 1