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…#iraq #ustreasury #iraqi #iran #unionbankofiraq #alhudabank #arabiaislamicbank #treasury #centralbankofiraq #ustreasurydepartment
Source: Reuters: Health - Category: Consumer Health News Source Type: news