Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $235 million in foreign currency (forex) today, Wednesday.
Shafaq News Agency correspondent said that the CBI foreign currency sales in this week's second auction amounted to $257,471,252. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 20 banks and 226 exchange companies cashed out $55,650,000. The remaining $201,821,252 went to boost funds in the form of credit and non-cash transactions, with 34 banks meeting those requests.