CBI sells +140$ million in forex on Monday


Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $140 million in foreign currency (forex) today, Monday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $140,070,601 today.

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

Our correspondent explained that 16 banks and 137 exchange companies cashed out $42,750,000. The remaining $97,320,601 went to fund assets abroad through credit and non-cash transactions, with 20 banks meeting those requests.

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