CBI sells +120$ million in forex on Tuesday
![CBI sells +120$ million in forex on Tuesday](https://media.shafaq.com/media/arcella/1668875964833.jpeg)
2022-12-06T13:18:17+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $120 million in foreign currency (forex) today, Tuesday.
Shafaq News Agency correspondent said that today's auction's CBI foreign currency sales amounted to $120,883,780.
The transactions were made at an average of 1460 dinars to one dollar.
Our correspondent explained that 14 banks and 198 exchange companies cashed out $30,300,000. The remaining $90,583,780 went to fund assets abroad through credit and non-cash transactions, with 14 banks meeting those requests.