CBI sold +4$ billion in January currency auctions
2022-02-01T09:59:37+00:00
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $4 billion in foreign currency in January.
Shafaq News Agency correspondent said that the CBI sales of foreign currency January's auctions amounted to $4,114,079,000. The weighted average of CBI daily sales stood at $195,908,523, up from December's $165,909,396.
The transactions were made at a weighted average of 1460 dinars to every dollar.
Our correspondent explained that the majority of those funds went to boost assets abroad in the form of credit and non-cash transactions, while a small percentage was dedicated for cash transactions.
