Cetoex News

New economic crisis looms: US dollar vs. Chinese yuan war in Iraq

Cetoex News – Iraq’s Interior Ministry placed a ban on U.S. dollar transactions across the country in a move to strengthen the Iraqi Dinar. The country wants to

Iraq halts financial transactions in Chinese yuan under

In a recent move by

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

BRICS member China was pushing the Chinese yuan for trade transfers with Iraq and has now received a slapback. Iraq has decided to stop all financial transactions in the

In a recent move by the Iraqi government, Central Bank Governor Ali Al-Alaq is on an unannounced visit to the US to discuss the Federal Reserve's decision to stop Iraq

Iraq has chosen to stop

Iraq suspends banking transactions in Chinese yuan

“Iraq has chosen to stop using the Chinese yuan in financial transactions due to worries about possible manipulation and other problems with certain transfers. The decision

BRICS: Sanctions Turning Chinese Yuan as Main

Iraq has decided to stop

Iraq has decided to stop all financial transactions in the Chinese yuan followed by a directive from the US Federal Reserve. The directive highlights concerns about a

Iraq Sides With US, Halts All Chinese Yuan Transactions

The Fed prohibits Iraq from using its dollars AND its

BRICS: Iraq Sides With US, Halts All Chinese Yuan Transactions

Iraq Stops Chinese Yuan Transactions Under US Pressure