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CBI sales in the Currency Auction continue to rise

Category: Economy

Date: 2021-08-04T11:06:24+0000
CBI sales in the Currency Auction continue to rise

Shafaq News/ The Central Bank of Iraq (CBI) auctioned $229 million today, Wednesday.

Shafaq News Agency correspondent reported that CBI sales at today's Foreign Exchange Auction registered a 6.51% rise to settle at $229,822,485, compared to $215,600,597. The weighted average rate of the dinar to the U.S. dollar was specified at 1460.

Our correspondent explained that 13 banks and 15 companies cashed out $36.84 million, while the remaining went to boost funds abroad in the form of non-cash and credit transactions, with 35 banks meeting those requests.

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