CBI sells +225$ million in forex on Wednesday

CBI sells +225$ million in forex on Wednesday
2022-10-05T11:36:57+00:00

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $226 million in foreign currency (forex) today, Wednesday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's second auction amounted to $226,800,000. The transactions were made at an average of 1460 dinars to one dollar.

Our correspondent explained that 13 banks and 130 exchange companies cashed out $184,700,000. The remaining $42,100,000 boosted funds through credit and non-cash transactions, with 31 banks meeting those requests.

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