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

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

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

Iraq bans US dollar transactions, promotes use of local

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

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

Iraq Has Prohibited Eight Banks

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

Iraq Implements BRICS Strategy: Bans U.S. Dollar

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

Eight Iraqi Banks Ban US Dollar Transactions: Report

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

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

The Development Comes A Week

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