CBI sells +$82 million in forex on Thursday


Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $82 million in foreign currency (forex) today, Thursday.

Shafaq News Agency correspondent said the CBI forex sales in today's auction amounted to $82,617,564, 70% below yesterday's $140,390,285.

The credit transactions were made at an average of 1,305 dinars to one dollar, while foreign remittances and cash transactions were made at a rate of 1,310 dinars to one dollar.

Our correspondent explained that eight banks and 34 exchange companies cashed out $19,300,000. The remaining $63,317,564 went to fund assets abroad through credit and non-cash transactions, with 18 banks meeting those requests.

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