CBI auctions +$1 billion during the past week

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CBI auctions +$1 billion during the past week

During the past week, the Iraqi Central Bank (CBI) sold more than $1 billion worth of US dollars in hard currency.

As indicated by the CBI’s true information, the bank sold during the previous week, north of four days of sell-offs, $1,113,820,107 at a day to day rate averaging $278,455,026 contrasted with the earlier week’s deals of $1,135,635,274.

The most elevated dollar deals were recorded last Tuesday, coming to $282,790,151, while the least was on Thursday, adding up to $274,957,492.

Compared to cash sales, which reached $33,850,000 last week, foreign exchange sales reached $1,079,970,107, a 97% increase.