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CBI sold +3$ billion in forex in May

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CBI sold +3$ billion in forex in May Empty CBI sold +3$ billion in forex in May

Post by RamblerNash Tue Jun 07, 2022 10:50 pm

CBI sold +3$ billion in forex in May 1654413008847
2022-06-05 00:10

Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $3 billion in foreign currency (forex) in May.

Shafaq News Agency correspondent said that the CBI foreign currency sales in 17 auctions last month amounted to $3,449,042,000, at an average of $202,984,966 per auction.

The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent said that credit and non-cash transactions funding international trade trumped by a margin the amount cashed out for local use.

https://shafaq.com/en/Economy/CBI-sold-3-billion-in-forex-in-May
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