CBI sells +80$ million in the currency auction today
2022-02-02T13:43:10+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $80 million in foreign currency today, Wednesday.
Shafaq News Agency correspondent said that the CBI sales of foreign currency in this today’s auction amounted to $208,935,000. The transactions were made at a weighted average of 1460 dinars to every dollar.
Our correspondent explained that 19 banks and 278 exchange companies cashed out $80,460,000, while the remaining $128,475,000 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands.
