CBI sells +235$ million in forex on Monday
2022-09-20T12:49:42+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $235 million in foreign currency (forex) today, Tuesday.
Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's second auction amounted to $235,474,750, 10% below yesterday's $261,021,884.
The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 21 banks and 221 exchange companies cashed out $43,550,000. The remaining $191,924,750 went to boost funds in the form of credit and non-cash transactions, with 32 banks meeting those requests.
