CBI sells +$202 million in forex on Thursday

CBI sells +$202 million in forex on Thursday
2023-04-06T12:54:05+00:00

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $202 million in foreign currency (forex) today, Thursday.

Shafaq News Agency correspondent said the CBI forex sales in today's auction amounted to $202,614,657, 34.16% above yesterday's $271,933,324.

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 15 banks cashed out $48,300,000. The remaining $154,314,657 went to fund assets abroad through credit and non-cash transactions, with 18 banks meeting those requests.

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