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CBI sold +4$ billion in December currency auctions DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

CBI sold +4$ billion in December currency auctions

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CBI sold +4$ billion in December currency auctions Empty CBI sold +4$ billion in December currency auctions

Post by RamblerNash Mon Jan 03, 2022 11:05 pm

CBI sold +4$ billion in December currency auctions 1641201242454
2022-01-03 01:14

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $4 billion in foreign currency in December.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in November's auctions amounted to $4,114,079. The weighted average of CBI daily sales stood at $195,909,396, up from November's $167,397,128.

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.

https://shafaq.com/en/Economy/CBI-sold-4-billion-in-December-currency-auctions
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