CBI sells +266$ million in forex on Tuesday
2022-10-11T10:17:31+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $266 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 $266,050,662. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 25 banks and 279 exchange companies cashed out $68,900,000. The remaining $197,150,662 went to boost funds in the form of credit and non-cash transactions, with 32 banks meeting those requests.
