The Central Bank of Iraq’s foreign currency sales fell to 130 million dollars


The Central Bank of Iraq (CBI)’s foreign exchange sales fell during Thursday’s auction to $ 130.38 million, down 28.53 million dollars after selling $ 158.91 million on Wednesday.
“The exchange rate was 1190 dinars per dollar, in the auction held with the participation of 39 banks, and eight companies for the transfer of money.”
The statement added that “these sales are the results of the auction scheduled on Sunday, December 31,” noting that “the total sales of this day amounted to about 180.58 million dollars.”
He added that “the volume of funds sold to strengthen the bank balances abroad amounted to about 129.03 million dollars, while estimated cash sales amounts to 1.35 million dollars.”
He pointed out that “the sale of amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the cash sale will be at the same price.”

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