Iraqi Central Bank (CBI) sold US dollars in a currency auction exceeding $282 million.
An official declaration by the Bank shows that the CBI sold $282,790,151 at the present closeout.
The rate stayed at 1,305 IQD per dollar for cash exchanges; the Bank covered these trades at a base conversion scale of 1,310 IQD per dollar for narrative credits, worldwide repayments of electronic cards, and unusual exchanges.
With most dollar deals directed at supporting adjustments abroad as moves and qualities, totaling $276,190,51, addressing a 98% increment compared with cash deals, which added up to $6,600,000.
One bank bought cash dollars; 17 banks answered requests to raise foreign balances.
The total count of trading and financial companies adopting
 sold US dollars in a currency auction exceeding $282 million.An official declaration by the Bank shows that the CBI){kind=link}