CBI sells +190$ million in the currency auction on Tuesday
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $190 million in foreign currency today, Tuesday.
Shafaq News Agency correspondent said that the CBI wrapped the auction at a total of $190,458,781 sold in foreign currency. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 23 banks and 270 exchange companies cashed out $50.150 million. The remaining $139,308,871 went to boost funds abroad in the form of credit and non-cash transactions, with 29 banks meeting those demands.