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For the second day in a row, CBI sales in the currency auction continue to drop

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For the second day in a row, CBI sales in the currency auction continue to drop Empty For the second day in a row, CBI sales in the currency auction continue to drop

Post by RamblerNash Tue Jul 27, 2021 9:58 pm

For the second day in a row, CBI sales in the currency auction continue to drop 1627387599183
2021-07-27 05:06

Shafaq News/ The Central Bank of Iraq (CBI) auctioned $214 million in foreign currency today, Sunday.

Shafaq News Agency correspondent said that CBI's sales of foreign currency in today’s auction amounted to $214,570,530, down by 6.14% compared to yesterday's $228,680,588. The weighted rate of the U.S dollar averaged 1460 dinars.

Our correspondent explained that 18 banks and 25 exchange companies cashed $63.38 million, while the remaining sums went to boost funds abroad in the form of credit and non-cash transactions, with 32 banks meeting those demands.

https://shafaq.com/en/Economy/For-the-second-day-in-a-row-CBI-sales-in-the-currency-auction-continue-to-drop
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