At An American Request, The Iraqi Central Bank Is Moving To Merge Banks Prohibited From Dealing In Dollars, 31 JULY

  Economy     breaking     US Department of the Treasury     Central Bank of Iraq     US sanctions     Iraqi banks   2024-07-30   Twilight News/ Informed sources revealed, on Tuesday, the existence of a new American request to the Central Bank The Iraqi bank includes merging banks banned from dealing in dollars in the currency auction.  She said Sources told Shafaq News Agency,

 “The US Treasury and the Federal Reserve A request from the Central Bank of Iraq to merge and close banks restricted from using the dollar Some distressed banks.

She added Sources said,   “The Central Bank of Iraq is required today to take rapid measures to merge And closing troubled banks in order to return to banking, which reflects positively on The exchange rate, and for this reason the

Central Bank contracted with an international company to present a plan for the sector Banking, which will include merging banks and closing some of them.”  And revealed Informed sources said,

 “This company, on the recommendation of the Americans, is similar to the work of K2 Company, without revealing its name or disclosure more details".  https://shafaq.com/ar/اقتصـاد/بطلب-مريكي-المركزي-العراقي-يتجه-لدمج-المصارف-الممنوعة-من-التعامل-بالدولار