7/11/2015 13:50:00
Economic Commission confirmed in the absence of a member of a US official's decision to suspend the introduction of the currency of the US dollar to Iraq.
The MP Najiba Najib's PUKmedia, on Saturday, November 7, 2015, the revenue that the treasury Iraq intervention in dollars, are oil revenues, pointing out that there is yet any US decision to formally prevent the dollar flow to Iraq.
She MP Najib, that there is an issue related to the operations of money laundering or suspicious bank transfers, in which case all nations fighting terrorism, issued decisions to prevent the financing of terrorist groups, and there is a strong control over conversions in all countries of the world, including Iraq, pointing out that if there is any suspicion or doubt in remittances this States have the right to take any decision against the transfers, which are funded organization Daash, and dry up the sources of funding.
MP Najib stressed that for the prevention of the introduction of the dollar for Iraq, "Vlhd now we have not heard any formal decision in this regard, on revenue of Iraq's oil revenues are in dollars."
And the effects of any such decision on the economy and the Iraqi dinar, MP Najib said: "If issued any decision will have an impact on the Iraqi economy and the price of the dollar against the Iraqi dinar, and will increase the lack of dollar to enter the Iraqi market."
This was the Wall Street Journal the US revealed that the Federal Central Bank and the US Treasury cut off the flow of American cash to the Iraqi Central Bank this summer account, because of fears of money in Iranian banks or in the hands of Daash, to resume transfers only after the approval of officials Iraqis to impose strict controls on the dollar coin distribution.
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