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CBI sells +186$ million in the currency auction on Sunday

Category: Economy

Date: 2022-03-27T12:04:15+0000
CBI sells +186$ million in the currency auction on Sunday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $186 million in foreign currency today, Sunday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction dropped to $186,274,552 from Thursday's $201,153,180. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 13 banks and 158 exchange companies cashed out $30,650,000. The remaining $155,624,552 went to boost funds abroad in the form of credit and non-cash transactions, with 26 banks meeting those demands.

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