CBI sells $155 million on Wednesday

BAGHDAD / IraqiNews.com: The Central Bank of Iraq (CBI) dollar sales dropped on Wednesday to $155.877 million, compared to the previous session’s $191.205 million, at an exchange rate of 1,170 Iraqi dinars per dollar. “The demand hit $3.463 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $152.414 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 18 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) 139