CBI sells more than $105 million in forex on Wednesday


Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $105 million in foreign currency (forex) today, Wednesday.

Shafaq News Agency correspondent said the CBI foreign currency sales in today's auction amounted to $105,115,216.

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

Our correspondent explained that 15 banks and 112 exchange companies cashed out $55,000,000. The remaining $50,115,216 went to fund assets abroad through credit and non-cash transactions, with 17 banks meeting those requests.

Shafaq Live
Shafaq Live