Under pressure from Washington to stem the flow of dollars into Iran, Iraq's premier sent elite counter-terrorism forces to shut down dealers smuggling the currency.
PM Sudani caught between allies Iran and the United StatesBAGHDAD, Jan 23 - Under pressure from Washington to stem the flow of dollars into Iran, Iraq's prime minister sent elite counter-terrorism forces more accustomed to battling Islamist militants to shut down dealers smuggling the currency to the Islamic Republic.
Aqeel al-Fatlawi, a Shi'ite lawmaker, accused Washington of deliberately using the new regulations as a political weapon. But he came to power with the support of powerful, Tehran-backed militias and so cannot afford to alienate Iran. Two advisers to Iraqi private banks who regularly attend meetings with the central bank, speaking on condition of anonymity, said Iran receives about $100 million a month from Iraqi traders.
The new system has slowed down dollar transactions, said Nabil al-Marsoumi, economics professor at Basra University.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Iraqi PM replaces Central Bank governor over currency dropThe move comes after the governor said he no longer wishes to stay in the job, according to local media.
Lire la suite »
Analysis | Senate workhorses face political extinction, which could leave big holesOld age or tough reelection bids face senators who serve in bipartisan “gangs” that drove legislation into law.
Lire la suite »
DOGE and SHIB Price Analysis for January 22Can DOGE and SHIB get to their resistance zones soon? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency doge
Lire la suite »
New ice core analysis shows sharp Greenland warming spikeA sharp spike in Greenland temperatures since 1995 showed the giant northern island 2.7 degrees (1.5 degrees Celsius) hotter than its 20th-century average, the warmest in more than 1,000 years, according to new ice core data.
Lire la suite »
Bitcoin (BTC) Price Analysis for January 22Can BTC fix above the $23,000 mark by the end of the week? NickSzabo4 alistairmilne Maybemore_DC WhalePanda
Lire la suite »
AUD/USD Price Analysis: Bulls eye 0.7020, bears target a break of H1 structure, 0.6910As per last week's end-of-week analysis, AUD/USD Price Analysis: Bulls are trapped, 0.6950 eyed before further downside potential to test below 0.6800
Lire la suite »