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CBI sells +195$ million on Monday

Category: Economy

Date: 2022-05-09T10:21:28+0000
CBI sells +195$ million on Monday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $195 million in foreign currency (forex) today, Monday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $195,557,250. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 15 banks and 141 exchange companies cashed out $36.950 million. The remaining $158,607,250 went to boost funds abroad in the form of credit and non-cash transactions, with 29 banks meeting those requests.

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