Luigi1 Posted October 10, 2023 Report Share Posted October 10, 2023 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.” 1 1 3 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted October 10, 2023 Author Report Share Posted October 10, 2023 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. 2 3 1 1 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted October 11, 2023 Report Share Posted October 11, 2023 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 4 Quote Link to comment Share on other sites More sharing options...
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