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CBI sells +180$ million in the currency auction on Monday

Category: Economy

Date: 2022-04-11T10:31:16+0000
CBI sells +180$ million in the currency auction on Monday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $180 million in foreign currency today, Monday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction reached $187,073,462. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 13 banks and 121 exchange companies cashed out $24.950 million. The remaining $162,123,462 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands.

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