CBI sells +$233 million in forex on Sunday
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $233 million in foreign currency (forex) today, Thursday.
Shafaq News Agency correspondent said the CBI forex sales in today's auction amounted to $233,350,955.
The credit transactions were made at an average of 1,305 dinars to one dollar, while foreign remittances and cash transactions were made at a rate of 1,310 dinars to one dollar.
Our correspondent explained that 20 banks and 83 exchange companies cashed out $38,800,000. The remaining $194,550,955 went to fund assets abroad through credit and non-cash transactions, with 12 banks meeting those requests.