Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $205 million in foreign currency today, Thursday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction amounted to $205,787,243, 1.44% below yesterday's $208,935,000. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that eight banks and 88 exchange companies cashed out $29,160,000, while the remaining $176,627,243 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands.