CBI sells +$190 million in forex on Sunday

CBI sells +$190 million in forex on Sunday

2023/03/19 | 12:58 - Source: Shafaq News

(ThisDay | Iraq News Now)- Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $190 million in foreign currency (forex) today, Sunday.

Shafaq News Agency correspondent said the CBI forex sales in today's auction amounted to $190,863,245.

The credit transactions were made at an average of 1,305 dinars to one dollar, while foreign remittances and cash transactions were made at a rate of 1,310 dinars to one dollar.

Our correspondent explained that 17 banks and 207 exchange companies cashed out $80,200,000.

The remaining $110,663,245 went to fund assets abroad through credit and non-cash transactions, with 20 banks meeting those requests.

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