CBI auctions +$5 billion in a month
2025-02-11T10:02:05+00:00
Shafaq News/ The total sales of the Iraqi Central Bank (CBI) in hard currency of the US dollar exceeded $5 billion in January 2025.
According to the CBI's official data, the bank sold $5,533,803,804 in January, at a daily rate averaging $291,252,831.
Foreign exchange sales during the past month amounted to $5,213,123,804, with an increase of 93% compared to cash sales, which reached $320,700,000.
The bank covered these transactions at a base exchange rate of 1,310 dinars per dollar for documentary credits, and international settlements of electronic cards. Foreign transfers and cash transactions rate stood at 1,305 dinars per dollar.
