Monday, February 17, 2025

ZOOM IRAQ NEWS: Iraq’s central bank will ban five more local banks from conducting US dollar transactions, 17 FEB

 ZOOM NEWS

Iraq’s central bank will ban five more local banks from conducting US dollar transactions, following meetings with US Treasury officials aimed at cracking down on money laundering, dollar smuggling,

and other financial violations, two sources have told Reuters. The move follows similar restrictions imposed last year and comes after recent talks in Dubai between Iraqi, US Treasury, and Federal Reserve officials. 📸: Reuters
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