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Document .. The Central Bank of Iraq prohibits dealing in dollars with Iran

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Document .. The Central Bank of Iraq prohibits dealing in dollars with Iran

Post by RamblerNash on Fri Aug 10, 2018 3:06 pm

Document .. The Central Bank of Iraq prohibits dealing in dollars with Iran

Twilight News

3 hours ago

The Central Bank of Iraq has decided to ban dealing with Iranian banks in US dollar currency after the United States announced the imposition of economic sanctions on Tehran.

The Central Bank, according to the document received by the Twilight News, a copy of it issued on 7/8/2018 option to deal in the euro currency to the requirements of the European Central Bank, and banks dealing in the last currency.

Prime Minister Haidar al-Abadi said on Tuesday that Iraq was not sympathetic to US sanctions against Iran, but would abide by it to protect its interests.

"In principle we are against sanctions in the region," Abbadi told a news conference. Siege and sanctions destroy communities and do not weaken regimes. "

"We consider it a fundamental, strategic and incorrect mistake, but we will abide by it to protect the interests of our people. We do not interact with them or sympathize with them, but we stick to them. "

US President Donald Trump pledged on Tuesday to prevent companies dealing with Tehran from carrying out activities in the United States as new US sanctions against Iran took effect.

The dispute between the United States and Iran, Iraq's two biggest allies, is growing and sanctions are putting the caretaker government led by Abbadi in a difficult position.

The sanctions, which took effect on Tuesday, are aimed at Iran's purchases of the US dollar, trade in metals and coal, software for industry and the automotive sector.

World oil prices rose on Tuesday on concern that sanctions would cut global supplies, although the strongest measures to target Iran's oil exports would not take place four months ago.


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