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Iraq Has Prohibited Eight Banks

Iraq has prohibited eight banks from conducting transactions in U.S. dollars, in what could be seen as a move to implement the BRICS policy. Iraq is intensifying its restrictions

Five Iraqi banks to be banned from U.S. dollar transactions - sources

BRICS: Iraq Bans U.S. Dollar, Egypt Ditches USD

Tehran

Ahead of Joining BRICS, Iraq Issues Ban on U.S. Dollar

TEHRAN (Tasnim) - In tandem with the BRICS philosophy, Iraq banned eight of its banks from initiating transactions in the US dollar, so ditching US dollar from the global

BRICS: List of 8 banks Prohibited From Transacting in US Dollar

Eight Iraqi Banks Ban US Dollar Transactions: Report

Iraq Ready To Join BRICS After Banning Cash Withdrawals in US Dollar

Iraq Implements BRICS Strategy: Bans U.S. Dollar

The Development Comes A Week

Iraq bans US dollar transactions, promotes use of local

The development comes a week after Iraq announced a ban on all cash withdrawals in the US dollar. The rule will come into effect on Jan. 1, 2025, as Iraq’s Central Bank

BRICS: 8 Banks Ban U.S. Dollar Transactions - Watcher

Dubai

DUBAI/BAGHDAD - Iraq's central bank will ban five more local banks from engaging in U.S. dollar transactions, a move that comes after meetings with U.S. Treasury