CBI sells $159 million on Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) sales on Wednesday registered $159.790 million, compared to the previous session’s $188.737 million, at an exchange rate of 1170 Iraqi dinars per dollar.  “The demand hit $3.585 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $156.205 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 16 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 (TP)/SR 380