The Foreign Ministry Complains About The Role Of The American Ambassador In The “Dollar Crisis”: Her Reports Are Different, 21 NOV

 The Foreign Ministry Complains About The Role Of The American Ambassador In The “Dollar Crisis”: Her Reports Are Different

Politics |Baghdad today – Baghdad   The Foreign Relations Committee in the House of Representatives said today, Tuesday (November 21, 2023), that US Ambassador Alina Romanowski did not play any positive role in supporting and strengthening the Iraqi dinar and resolving the dollar crisis that Iraq is witnessing due to American decisions.

Committee member Representative Amer Al-Fayez said in an interview with “Baghdad Today” that “the American ambassador supports her country’s decisions against Iraq regarding the dollar crisis, and she did not have a positive role in supporting the Iraqi dinar.”

He continued, "The American embassy in Baghdad submits reports to the American administration with various information, whether at the economic, political, or even security levels, and as a result of those reports, Washington takes some decisions, but we do not know anything about the American reports that are sent from Baghdad to Washington, except that... It is certain that there are many unreal issues.”

Yesterday, Monday (November 20, 2023), an informed source reported an expected meeting between the Central Bank of Iraq and the US Treasury Department next week.

Government sources recently spoke about an agreement concluded between the Central Bank of Iraq and the American side, which resulted in an increase in the number of banks that can directly enhance their balance in dollars to 10 banks, 5 of which are through Citibank, and the other five are through Bank G. B. Morgan), according to the Iraqi News Agency.

He also revealed that the number of Iraqi banks whose balances in Chinese yuan will be strengthened through the Singapore Development Bank has increased to 13 banks, while the number of banks whose accounts in Indian rupees with the Singapore Development Bank have been strengthened is 2, and other banks will be added during the next two weeks.

Other meetings were held that brought together an Emirati bank, the Central Bank of Iraq, and the American side, to implement the mechanism for enhancing balances in the Emirati dirham for Iraqi banks, where all the technical details were resolved, and it is expected that the mechanism for enhancing balances in the Emirati dirham will begin during the next few days.   LINK