Wednesday, March 13, 2024

Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars, 13 MARCH

 Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars

The head of the Iraqi Securities Commission, Faisal Al-Haimas, announced that three Iraqi banks were sanctioned by the US Treasury, and 25 banks were banned from dealing in dollars. 

 Al-Haims said in a televised interview followed by Mawazine News, “Dialogues with the American side in order to lift restrictions on Iraqi expenses began a month ago on a regular and intensive basis.” 

 He added, "The dialogues with the American side regarding lifting restrictions on Iraqi banks will reach their peak when Prime Minister Muhammad Shiaa Al-Sudani visits Washington to revive confidence in the Iraqi banking sector."   link

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