CBI sells +63$ million in forex on Tuesday


Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $63 million in foreign currency (forex) today, Tuesday.

Shafaq News Agency correspondent said that today's auction's CBI foreign currency sales amounted to $63,332,784.

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

Our correspondent explained that 13 banks and 191 exchange companies cashed out $38,600,000. The remaining $22,982,784 went to fund assets abroad through credit and non-cash transactions, with nine banks meeting those requests.

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