Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $254 million in foreign currency (forex) today, Thursday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $253,237,547. The transactions were made at a weighted average of 1460 dinars to one dollar. 

Our correspondent explained that 9 banks and 90 exchange companies cashed out $19,450,000. The remaining $233,787,547 went to boost funds in the form of credit and non-cash transactions, with 33 banks meeting those requests.