The Central Bank of Iraq (CBI)’s foreign exchange sales fell to $ 161.87 million on Thursday, down from $ 167.27 million on Wednesday, down 5.4 million dollars.
The central bank said in a statement that the exchange rate was 1190 dinars per dollar in the auction held with the participation of 61 banks and 6 companies for financial transfer.
The sales are the results of the auction scheduled for Sunday, March 4th, indicating that the total sales for the day amounted to about 196.87 million dollars.
The volume of money sold to boost bank balances abroad was about $ 161.06 million, while cash sales were estimated at $ 810,000.
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.