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CBI sells +240$ million in forex on Sunday

Category: Economy

Date: 2022-07-31T11:04:08+0000
CBI sells +240$ million in forex on Sunday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $240 million in foreign currency (forex) today, Sunday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $248,585,323. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that seven banks and 79 exchange companies cashed out $12,950,000. The remaining $235,635,232 went to boost funds in the form of credit and non-cash transactions, with 33 banks meeting those requests.

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