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CBI sells +212$ million in the currency auction today 

Category: Economy

Date: 2022-03-23T11:19:55+0000
CBI sells +212$ million in the currency auction today 

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $212 million in foreign currency today, Wednesday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction dropped to $212,988,795. The transactions were made at a weighted average of 1460 dinars to one dollar. 

Our correspondent explained that 21 banks and 287 exchange companies cashed out $56,350,000. The remaining $156,638,000 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands.

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