By John Lee.
The Central Bank of Iraq (CBI) has reported that 9 banks took part in the first of its two currency auction on Thursday.
A total of $110,683,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar.
In its second auction, 15 banks took part, buying a total of $185,890,000 at a price of 1166 Iraqi Dinars (IQD) per dollar.
(Source: Central Bank of Iraq)