CBI sold +990 million in forex last week
2022-09-03T08:27:44+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned about $994 million in foreign currency (forex) in the last week of August.
Shafaq News Agency correspondent said that the CBI foreign currency sales in the past five sessions amounted to $994,752,756 at an average of 248,688,138 daily, 7.34% above the average of the week before.
"Wednesday registered the highest sales with $256,888,847 while Sunday was the lowest in sales with $240,232,374," 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 via credit and non-cash transactions.
