During the open currency auction days last week, the Central Bank of Iraq’s (CBI) total US dollar sales exceeded one billion dollars.
CBI sold $1,396,679,657 over five days of auctions, averaging $279,335,931 per day, according to an official bank statement. This is a significant increase from the previous week’s total of $1,338,650,762.
Tuesday’s sales volume was the highest, at $299,165,952, while Monday’s was the lowest, at $266,165,952.
Notably, cash sales totaled $46,850,000 while foreign transfer sales reached $1,349,829,657, representing 97% of total sales.
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