CBI sells +$180 million in forex on Monday
2023-03-20T09:44:22+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $180 million in foreign currency (forex) today, Monday.
Shafaq News Agency correspondent said the CBI forex sales in today's auction amounted to $180,918,851, 5.56% below yesterday's $190,863,245.
The credit transactions were made at an average of 1,305 dinars to one dollar, while foreign remittances and cash transactions were made at a rate of 1,310 dinars to one dollar.
Our correspondent explained that 24 banks and 157 exchange companies cashed out $50,900,000. The remaining $130,018,851 went to fund assets abroad through credit and non-cash transactions, with 14 banks meeting those requests.
