CBI currency sales drop $18.5B in eight months
2026-09-22T11:55:11+00:00
Shafaq News- Baghdad
The Central Bank of Iraq's (CBI) foreign currency sales fell 34.5% year-on-year to about $35.27 billion in the first eight months of 2026, down from roughly $53.83 billion during the same period in 2025, according to CBI data.
The CBI sold about $3.697 billion in foreign currency in August, including $270 million in cash sales and $3.427 billion to boost banks' balances abroad.
Foreign currency sales reached $5.662 billion in July and $5.857 billion in June, compared with $5.092 billion in May, $4.559 billion in April, $3.388 billion in March, $4.133 billion in February and $2.883 billion in January.
