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CBI sells +180$ million in the currency auction on Thursday

Category: Economy

Date: 2022-04-07T10:56:56+0000
CBI sells +180$ million in the currency auction on Thursday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $180 million in foreign currency today, Thursday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction reached $180,965,783, down from Wednesday's 190,783,000. The transactions were made at a weighted average of 1460 dinars to one dollar. 

Our correspondent explained that 12 banks and 95 exchange companies cashed out $24.55 million. The remaining $155,828,305 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands.

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