CBI sells $169 million on Tuesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales jumped on Tuesday to $169.420 million at an exchange rate of 1170 Iraqi dinars per dollar, compared to the previous session’s $86 million. “There was no demand on cash, while the foreign transfers outside the country reached $169.420 million, covered at an exchange rate of 1,179 Iraqi dinars per dollar,” according to a CBI news bulletin received by IraqiNews.com news agency. None of the 15 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)/SR 1