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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 Mon Nov 01, 2021 10:04 pm

For the second day in a row, CBI sales in the currency auction continue to drop 1635768944678
2021-11-01 05:16

Shafaq News/ The Central Bank of Iraq (CBI) auctioned less than $160 million in foreign currency today, Monday.

Shafaq News Agency correspondent said that CBI's foreign currency sales in this week's second auction amounted to $159,275,516, 7.02% below Friday's $184,601,540. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 14 banks and 159 exchange companies cashed $36.83 million, while the $122,445,516 went to boost funds abroad in the form of credit and non-cash transactions, with 20 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-1

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