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CBI sells +200$ million in the currency auction on Thursday

Category: Economy

Date: 2022-03-24T12:06:47+0000
CBI sells +200$ million in the currency auction on Thursday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $200 million in foreign currency today, Thursday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction dropped to $201,153,180 from Wednesday's 212,988,785. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 14 banks and 195 exchange companies cashed out $56,350,000. The remaining $154,653,180 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands.

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