Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $240 million in foreign currency (forex) today, Sunday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's first auction amounted to $240,232,374. The transactions were made at a weighted average of 1460 dinars to one dollar. 

Our correspondent explained that 12 banks and 129 companies cashed out $19,400,000. The remaining $220,838,374 went to boost funds in the form of credit and non-cash transactions, with 32 banks meeting those requests.