Shafaq News/ The Central Bank of Iraq (CBI) auctioned $224 million in foreign currency today, Tuesday.

Shafaq News Agency correspondent said that CBI's sales of foreign currency in today’s auction amounted to $224,195,972, down by 0.88% compared to last week’s $226,735,591. The weighted rate of the U.S dollar averaged 1460 dinars.

Our correspondent explained that 18 banks and 33 exchange companies cashed $87.26 million, while the remaining sums went to boost funds abroad in the form of credit and non-cash transactions with 33 banks meeting those demands.