CBI sells +212$ million in the forex auction on Monday

CBI sells +212$ million in the forex auction on Monday
2022-04-25T11:42:20+00:00

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $216 million in foreign currency (forex) today, Monday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction amounted to $212,967,148. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 14 banks and 141 exchange companies cashed out $31.450 million. The remaining $181,517,148 went to boost funds abroad in the form of credit and non-cash transactions, with 33 banks meeting those requests.

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