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Iraq Stock Market Report | Iraq Business News

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th February 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,668.0 -2.1% 7.3% RSISX USD Index 1,640.1 ....

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Iraq bans 8 local banks from US dollar transactions By Reuters

Iraq bans 8 local banks from US dollar transactions By Reuters
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Iraq bans 8 local banks from US dollar transactions

Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a top U.S. Treasury official. The banks are banned from accessing the Iraqi central bank's daily dollar auction, a main source of hard currency in the import-dependent country that has become a focal point of a U.S. crackdown on currency smuggling to neighbouring Iran. A rare ally of both the United States and Iran with more than $100 billion in reserves held in the U.S., Iraq relies heavily on Washington's goodwill to ensure that its access to oil revenues and finances are not blocked. ....

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Iraq bans eight local banks from US dollar transactions in attempt to reduce fraud

Iraq bans eight local banks from US dollar transactions in attempt to reduce fraud
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United States , Dhi Qar , Mohammed Shia Al Sudani , Brian Nelson , Arabia Islamic Bank , Hammurabi Commercial Bank , Al Huda Bank , Al Janoob Islamic Bank , Us Treasury Department , Kurdistan International Islamic Bank , Ahsur International Bank , Investment Bank , Union Bank , Central Bank , Hammurabi Commercial , Iraqi Prime Minister Mohammed Shia ,