In a significant move to combat financial crimes, Iraq’s central bank has decided to prohibit five local banks from conducting transactions in U.S. dollars. This action aims to address issues ...
The move comes after meetings in Dubai last week between officials from the Central Bank of Iraq — which last year already banned eight banks from U.S. dollar transactions — and U.S. Treasury ...
According to AZZAMAN newspaper, the Central Bank of Iraq announced that it is planning to fight inflation and to achieve monetary stability in Iraq particularly after the noticeable rise in the ...
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