CBI sells +188$ million on currency auction today
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CBI sells +188$ million on currency auction today
by RamblerNash Tue Dec 07, 2021 2:38 am
2021-12-06 05:26
Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $188 million in foreign currency today, Monday.
Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction amounted to $188,394,282. The transactions were made at a weighted average of 1460 dinars to every dollar.
Our correspondent explained that 18 banks and 198 exchange companies cashed $44.460 million, while the $143,943,282 went to boost funds abroad in the form of credit and non-cash transactions, with 26 banks meeting those demands.
https://shafaq.com/en/Economy/CBI-sells-188-million-on-currency-auction-today
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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» Guru Vital Brad says - The UN is gonna grant the IMF approval to reinstate their currency and Iraq's gonna be a tradable currency on the market again and it's going to be worth way more than it's worth right now
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» Guru Petra says - The rate is going to come out before the budget
» Frank26 says - Everyone knows what is about to happen so everyone is talking about it and everyone is demanding it
» Mnt Goat says - Is this to reinforce the coming revaluation and reinstatement of the dinar?
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» Holly says - From the news this is the culmination of the plan finally coming to an end
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» MilitiaMan says - Reactivating banks abroad is not imo going to be a with a program rate (Oh? But Isn't That What They Are Doing? LOL)
» Frank26 says - The auctions now belong only to the CBI! And they are pithing 1%-2% compliance! (So Now It's Going To Move 2% Of 1460? Which Way? LOL)
» Mnt Goat says - prior to the 1991 Gulf war with Iraq the dinar was over $3 (Fast Forward To 2022...It's Now At 1460:1 LOL)
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