CBI sells +210$ million in the currency auction on Tuesday

Category: Economy

Date: 2022-04-19T12:33:51+0000
CBI sells +210$ million in the currency auction on Tuesday

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $210 million in foreign currency today, Tuesday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction reached $210,903,863. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 22 banks and 240 exchange companies cashed out $49,500 thousand. The remaining $161,403,863 went to boost funds abroad in the form of credit and non-cash transactions, with 29 banks meeting those demands.

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