CBI sells +900$ million this week

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $900 million in foreign currency (forex) this week. 

Shafaq News Agency correspondent said that the CBI foreign currency sales this week amounted to $977,276,710, with a daily average of $195,455,342.

The transactions were made at a weighted average of 1460 dinars to one dollar. 

Our correspondent explained that most of the amount went to boost funds abroad in the form of credit and non-cash transactions.