CBI’s dollar sales down on Thursday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq’s (CBI) dollar sales went down in its daily auction on Thursday to reach $117.150 million compared to $134.442 million during the previous session. “The demand hit $4.500 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $112.650 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 11 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