CBI sales in the currency auction slip after a brief hike
![CBI sales in the currency auction slip after a brief hike](https://media.shafaq.com/media/arcella/1619685452217.jpeg)
Shafaq News/ The Central Bank of Iraq sales of hard currency dipped today, Thursday, after yesterday's hike.
Shafaq News Agency correspondent reported that CBI sales at the Foreign Exchange Auctions settled at $177,231,378 compared to $204,267,368 on Wednesday. The weighted average rate of the dinar to the U.S. dollar amounted to 1460.
Our correspondent explained that 11 banks and seven banking companies shared a cash load of $14.65 million, while $162,581,378 went to boost funds abroad in the form of transfers and credits, with 32 banks meeting those requests.