The Central Bank of Iraq (CBI)’s foreign exchange sales rose to 124.2 million dollars on Tuesday, up from 117.98 million dollars on Monday, up 6.22 million dollars, the central bank said in a statement.
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 41 banks, and 10 companies for financial transfer.”
The bank said in its statement that “these sales are the results of the auction scheduled for tomorrow, explaining that the total sales for the day amounted to about 158.8 million dollars.”
The volume of funds sold to boost banks abroad was about $ 124.39 million, while the amount of cash sold was estimated at $ 810,000.
The Central Bank said in a statement that “the sale of 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.”