CBI sells less than $70 million in forex on Tuesday


Shafaq News/ The Central Bank of Iraq (CBI) auctioned less than $70 million in foreign currency (forex) today, Tuesday.

Shafaq News Agency correspondent said the CBI foreign currency sales in today's auction amounted to $69,625,125 today.

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

Our correspondent explained that 15 banks and 207 exchange companies cashed out $45,200,000. The remaining $24,425,115 went to fund assets abroad through credit and non-cash transactions, with 13 banks meeting those requests.

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