CBI sells +240$ million in forex on Sunday

Shafaq Information/ The Central Financial institution of Iraq (CBI) auctioned greater than $240 million in overseas forex (foreign exchange) at the moment, Sunday.

Shafaq Information Company correspondent mentioned that the CBI overseas forex gross sales in at the moment’s public sale amounted to $248,585,323. The transactions have been made at a weighted common of 1460 dinars to at least one greenback.

Our correspondent defined that seven banks and 79 alternate corporations cashed out $12,950,000. The remaining $235,635,232 went to spice up funds within the type of credit score and non-cash transactions, with 33 banks assembly these requests.

https://shafaq.com/en/Financial system/CBI-sells-240-million-in-forex-on-Sunday