CBI sells +237$ million in forex on Thursday

CBI sells +237$ million in forex on Thursday
2022-10-20T11:09:08+00:00

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $227 million in foreign currency (forex) today, Thursday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $227,608,500. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 10 banks and 77 exchange companies cashed out $25,150,000. The remaining $202,458,500 went to fund assets abroad through credit and non-cash transactions, with 29 banks meeting those requests.

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