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Iraq's Central Bank Bans Five More Local Banks from U.S. Dollar Transactions

Iraq's Central Bank Bans Five More Local Banks from U.S. Dollar Transactions

BUSINESS - 2/16/2025

Iraq's central bank to ban five local banks from U.S. dollar transactions in efforts to combat money laundering and ensure compliance with U.S. regulations, amid growing tensions with Iran. The move signals a crackdown on financial violations.

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