CBI sold about 4$ billion in forex in July 2022

Shafaq News/ The Central Bank of Iraq (CBI) auctioned about $4 billion in foreign currency (forex) in July 2022.

Shafaq News Agency correspondent said that the CBI foreign currency sales in 17 auctions last month amounted to $3,953,313,919, at an average of $263,554,261 per auction.

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

Our correspondent said that most credit and non-cash transactions funding international trade.