CBI sells +200$ million in the currency auction on Wednesday

Category: Economy

Date: 2022-04-13T10:45:34+0000
CBI sells +200$ million in the currency auction on Wednesday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $200 million in foreign currency today, Wednesday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction reached $206,655,559. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 22 banks and 259 exchange companies cashed out $48,350 million. The remaining $158,305,559 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands.

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