CBI sells +200$ million in forex on Sunday


Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $200 million in foreign currency (forex) today, Sunday.

Shafaq News Agency correspondent said that today's auction's CBI foreign currency sales amounted to $219,987,429.

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

Our correspondent explained that 16 banks and 169 exchange companies cashed out $50,050,000. The remaining $169,928,420 went to fund assets abroad through credit and non-cash transactions, with 15 banks meeting those requests.

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