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CBI sales of foreign currency surges in today's auction

Category: Economy

Date: 2021-07-11T11:58:19+0000
CBI sales of foreign currency surges in today's auction

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than 209 million in foreign currency today, Sunday, nearly 10% above the previous session.

Shafaq News Agency correspondent said that CBI’s sales of foreign currency in today's auction amounted to $209,412,444, up by 9.42% compared to last week’s $191,434,000. The weighted rate of the U.S. dollar averaged 1460 dinars.

Our correspondent explained that 18 banks and 14 exchange companies cashed $40,000,080 million, while the remaining sums went to boost funds abroad in the form of credit and non-cash transactions with 33 banks meeting those demands.

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