CBI sells +260$ million in forex on Tuesday
2022-10-04T11:03:06+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $260 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 $263,847,470. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 26 banks and 295 exchange companies cashed out $65,850,000. The remaining $197,997,470 went to boost funds in the form of credit and non-cash transactions, with 33 banks meeting those requests.
