Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $200 million in foreign currency (forex) today, Tuesday.
Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $238,724,799. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 24 banks and 241 exchange companies cashed out $47.550 million. The remaining $191,174,799 went to boost funds in the form of credit and non-cash transactions, with 34 banks meeting those requests.