The Central Bank of Iraq (CBI) on Tuesday stated that al-Huda Bank, whose owner was sanctioned by the US Treasury the previous day for financially supporting the Iranian Revolutionary ...
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Central Bank of Iraq – Involved In
US Shuts Off Iran’s Route To Bypass Sanctions Through Iraq
Ali Shariati, a member of the Chamber of Commerce, stated that the United States has told Iraqi bank officials that the issue of bypassing the sanctions by Iranian traders ...
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Iran’s Chief Banker Denies Currency Crisis
Iran denies challenges in obtaining foreign currency, contradicting tangible signs of shortages of vital imports in the Iranian market and a plummeting rial. Amid the government's faltering attempts to ...
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Iran and Syria discuss expansion of monetary and banking relations
During the meeting, CBI Governor Mohammad-Reza Farzin announced the development of monetary and banking relations between Iran and Syria and the removal of the dollar from the economic and ...
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Iran Printing Huge Sums Of Money Amid Rising Inflation
Iran’s former chief banker says the government has printed about $5.6 billion worth of national currency in the past year, aggravating the country’s inflation rate. Abdolnaser Hemmati, the former ...
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14 sanctioned Iraqi banks engaged in fraudulent transactions that Iran could benefit
The US Treasury Department and the Federal Reserve Bank of New York have barred 14 Iraqi banks from conducting transactions in US dollars as part of a “sweeping crackdown” ...
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