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CBI sells +190$ million in the currency auction on Tuesday

Category: Economy

Date: 2022-04-05T10:50:21+0000
CBI sells +190$ million in the currency auction on Tuesday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $190 million in foreign currency today, Tuesday.

Shafaq News Agency correspondent said that the CBI wrapped the auction at a total of $190,458,781 sold in foreign currency. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 23 banks and 270 exchange companies cashed out $50.150 million. The remaining $139,308,871 went to boost funds abroad in the form of credit and non-cash transactions, with 29 banks meeting those demands.

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