CBI sells $666 million this week

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales in auctions for this week decreased by 9% to $666.389 million compared to $737.394 million last week. “The demand hit $8.080 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, compared to last week’s $26.760 million, while foreign transfers outside the country registered $658.309 million, covered at an exchange rate of 1,173 Iraqi dinars per dollar, compared to last week’s $710.634 million,” according to a CBI news bulletin received by IraqiNews.com news agency. 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) 2