Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $200 million in foreign currency (forex) today, Wednesday.
Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $203,900,000. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 19 banks and 225 exchange companies cashed out $51.6 million. The remaining $152,300,000 went to boost funds in the form of credit and non-cash transactions, with 32 banks meeting those requests.