CBI sells +240$ million in forex on Tuesday
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $242 million in foreign currency (forex) today,Tuesday.
Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's second auction amounted to $242,854,995. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 20 banks and 208 exchange companies cashed out $42,750,000. The remaining $200,104,995 went to boost funds in the form of credit and non-cash transactions, with 33 banks meeting those requests.