CBI sells +129$ million in forex on Sunday

CBI sells +129$ million in forex on Sunday
2022-12-04T12:31:19+00:00

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $129 million in foreign currency (forex) today, Sunday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $129,301,909 today.

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

Our correspondent explained that 13 banks and 113 exchange companies cashed out $20,950,000. The remaining $108,351,909 went to fund assets abroad through credit and non-cash transactions, with 18 banks meeting those requests.

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