CBI sells +110$ million in forex on Sunday

CBI sells +110$ million in forex on Sunday
2023-01-08T10:50:01+00:00

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $110 million in foreign currency (forex) today, Sunday.

Shafaq News Agency correspondent said that today's auction's CBI foreign currency sales amounted to $112,424,526.

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

Our correspondent explained that 13 banks and 326 exchange companies cashed out $83,800,000. The remaining $23,624,526 went to fund assets abroad through credit and non-cash transactions, with 8 banks meeting those requests.

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