Shafaq News/ The Central Bank of Iraq (CBI) auctioned nearly $53 million in foreign currency (forex) today, Thursday.

Shafaq News Agency correspondent said that today's auction's CBI foreign currency sales amounted to $53,732,065, down from Wednesday's $78,259,201.

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

Our correspondent explained that 11 banks and 68 exchange companies cashed out $26,500,000. The remaining $27,232,065 went to fund assets abroad through credit and non-cash transactions, with nine banks meeting those requests.