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


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Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars
Economy | 08:23 - 03/12/2024



Mawazine News - Baghdad
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."

https://www.mawazin.net/Details.aspx?jimare=243761
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Just delete the zeros off the nominal rate already.
Add value to your currency. 
Help your citizens.
Stop the auctions.

And for the love of 🙉 🙈  🙊 send MR. POTATO HEAD BACK TO IRAN.

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4 hours ago, mally2 said:

Headline may be burying the interesting thing 

 

when Prime Minister Muhammad Shiaa Al-Sudani visits Washington to revive confidence in the Iraqi banking sector."

I thought the same thing about this sentence 

 

 “Dialogues with the American side in order to lift restrictions on Iraqi expenses began a month ago on a regular and intensive basis.”

 

 

 

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20 hours ago, RJG said:
Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars
Economy | 08:23 - 03/12/2024



Mawazine News - Baghdad
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."

https://www.mawazin.net/Details.aspx?jimare=243761

Hopefully this is post RV! 🙏 Seeing that the higher-ups in the U.S. is holding Dinar that would be a great reason to lift the restrictions!

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