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CBI sells +293$ million in forex on Wednesday

Category: Economy

Date: 2022-08-17T12:07:01+0000
CBI sells +293$ million in forex on Wednesday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $293 million in foreign currency (forex) today, Wednesday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's first auction amounted to $293,009,793. The highest amount in 2022.

The transactions were made at an average of 1460 dinars to one dollar.

Our correspondent explained that 23 banks and 301 exchange companies cashed out $72,650,000. The remaining $220,359,739 boosted funds through credit and non-cash transactions, with 34 banks meeting those requests.

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