Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $206 million in foreign currency today, Thursday.

Shafaq News Agency correspondent said that the CBI sales of foreign currency in this week's first auction amounted to $206,892,963, 4.63% below Wednesday's 216,508,300. The transactions were made at a weighted average of 1460 dinars to every dollar.

Our correspondent explained that 15 banks and 172 exchange companies cashed out $33,790,000, while the remaining $173,102,963 went to boost funds abroad in the form of credit and non-cash transactions, with 26 banks meeting those demands.