UST Denies Sanctions On Iraqi Banks.

[Luigi1]

Here's an article of Dinarian interests...

UST denies sanctions on Iraqi banks.

Treat as a rumor.  Not verified.  Your opine.

 

 

Tlm724 Administrator Bondlady’s Corner:     US State Department: We Did Not Issue Sanctions On Iraqi Banks, But Rather They Were Decisions To Strengthen The Banking System.

ARTICLE:  The US State Department affirmed Washington’s support for the efforts of Prime Minister Muhammad Shiaa Al-Sudani in combating corruption & improving the financial sector, while noting that his upcoming visit to Washington represents a good opportunity to strengthen bilateral relations & enhance comprehensive partnership in all sectors.  

 

US Deputy Assistant Secretary of State for Iraq & Iran Affairs, Victoria Taylor, said: “The visit I am making is my first time to Iraq & I am pleased to be here to strengthen relations between the two countries.”  

 

She added, “Iraqi relations with the United States of America are strategic & long-term & we support the war waged by Iraqi Prime Minister Muhammad Shia al-Sudani against corruption, which is a very good goal & a common priority.”  

 

She continued, “Washington supports the Prime Minister’s effort to improve the financial sector & make it transparent, which was supported by the dialogue conducted by the UST with the CBI to strengthen the banking and financial sector & improve the Iraqi economic reality, which will benefit Iraq by developing its international relations & attracting investments.”


 

[Luigi1]

Here's another article related to the above...a fresh edict...

 

MilitiaMan:      A Fresh Edict from CBI.

ARTICLE:   “The Iraqi Central Bank issues a warning to banks regarding Dollar deposits.”   A fresh edict from the central bank…Spelling out that the citizens have the right to redeem their deposits in the banks & that the monies are guaranteed & it is their inherent right to do so through or by the year 2024. 

 

None the less the unprecedented crowds ensued…What is unusual is…the way the Central Bank exposed those [banks] that didn’t have the money on hand were apparently found to be speculating with depositors funds in Dollars.  That is not good & there will be consequences.  The Central Bank is now going to take measures against banks that abstain from taking care of their obligations to the citizens.

 

[ronscarpa]

17 hours ago, Luigi1 said:

None the less the unprecedented crowds ensued…What is unusual is…the way the Central Bank exposed those [banks] that didn’t have the money on hand were apparently found to be speculating with depositors funds in Dollars.  That is not good & there will be consequences.  The Central Bank is now going to take measures against banks that abstain from taking care of their obligations to the citizens.

 

Excellent post Luigi...Exposure & Consequences...Thanks - Ron