Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than one billion dollars in foreign currency (forex) in the second week of September.

Shafaq News Agency correspondent said that the CBI foreign currency sales in the past five sessions amounted to $1,206,756,238 at an average of 241,351,247 daily, down by 4.92% from the week before.

"Wednesday registered the highest sales with $251,665,764 while Thursday was the lowest in sales with $229,773,050," our correspondent said.

The transactions were made at an average of 1460 dinars to one dollar.

Our correspondent explained that most sales went to boost assets abroad via credit and non-cash transactions.