CBI sales of foreign currency declined sharply


The Central Bank of Iraq’s foreign currency sales fell during the auction Monday, to 145.78 million dollars, compared to 145.88 million dollars on Sunday auction, down $ 100 thousand, according to a statement of the bank.
The central bank said in a statement that the exchange rate amounted to 1190 dinars per dollar in the auction held with the participation of 36 banks and 8 companies for financial transfer.
“These sales are the results of the auction scheduled for Tuesday, explaining that the total sales for the day amounted to about 189.98 million dollars.”
“The volume of funds sold to boost banks’ assets abroad was about $ 144.16 million, while cash sales were estimated at $ 1.62 million.”
The Central Bank said in a statement that the sale of the amounts transferred to the accounts of banks abroad is at the price of 1190 dinars per dollar, while the cash sale will be at the same price.

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