Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $201 million in foreign currency (forex) today, Monday.
Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's first auction amounted to $201,113,441. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 17 banks and 151 companies cashed out $41,250,000. The remaining $159,863,441 went to boost funds in the form of credit and non-cash transactions, with 30 banks meeting those requests.