CBI sold +1.2$ billion in forex last week

CBI sold +1.2$ billion in forex last week
2022-08-27T07:40:51+00:00

Shafaq News/ The Central Bank of Iraq (CBI) auctioned about $1.30 billion in foreign currency (forex) this week.

Shafaq News Agency correspondent said that the CBI foreign currency sales in the past five sessions amounted to $1,292,029,554 at an average of 258,459,000 daily. 

"Monday registered the highest sales with $273,775,540 while Thursday was the lowest in sales with $224,465,450," our correspondent said.

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

Our correspondent explained that most sales boosted assets abroad through credit and non-cash transactions.

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