CBI sells $163m at week’s end

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) ended the week on Thursday with registered $163.225 million, compared to the previous session’s $231.287 million at an exchange rate of 1170 Iraqi dinars per dollar. “The demand hit $3.100 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $160.125 million in foreign transfers outside the country, covered at an exchange rate of 1,183 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. AmR (TP) 790