CBI sales in the currency auction inched up
2021-11-22T11:22:35+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $197 million in foreign currency today, Monday.
Shafaq News Agency correspondent said that CBI's foreign currency sales in this week's auction amounted to $197,357,573. The transactions were made at a weighted average of 1460 dinars to every dollar.
Our correspondent explained that 17 banks and 195 exchange companies cashed $41 thousand, while the $157,357,573 went to boost funds abroad in the form of credit and non-cash transactions, with 24 banks meeting those demands.
