FIXING THE DOLLAR PROBLEM? 💵 Banks Getting Access BACK?
The Central Bank of Iraq has announced new measures to
link to My FX Buddies Blog
address banks that have been restricted from dealing in U.S. dollars. This could signal a major shift in Iraq’s financial system.
Officials say they are working with international auditing firms, including Oliver Wyman, to review past transfer operations and implement new compliance procedures.
Could Iraqi banks regain access to the dollar soon?
In this video, we break down:
Why Iraqi banks were restricted from dollars
New Central Bank measures
Role of international auditing firms
What changes could happen next…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.