CBI sells +240$ million in forex on Tuesday
2022-08-16T11:51:05+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $240 million in foreign currency (forex) today, Tuesday.
Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's first auction amounted to $240,171,921. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that seven banks and 46 exchange companies cashed out $13,750,000. The remaining $226,421,921 went to boost funds in the form of credit and non-cash transactions, with 32 banks meeting those requests.
