CBI auctions $273 million, showing strong preference for remittances over cash sales
2024-06-23 20:00:08 - From: CHANNEL8
The Central Bank of Iraq (CBI) conducted an auction on Sunday, selling a total of $273,244,330. The majority of this amount, specifically $250,274,330, was channeled toward foreign balances through transfers and credit transactions. Cash transactions accounted for the remaining $22,970,000.
