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An Iraqi-American agreement to strengthen the dollar balance of 10 banks

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An Iraqi-American agreement to strengthen the dollar balance of 10 banks
 
Economy     12-11-2023, 09:42
Baghdad - IA
 
A government source revealed, on Sunday, an Iraqi-American agreement to boost the dollar balance of 10 banks.
 
The source told the Iraqi News Agency (INA):
 
“In light of the recent meetings of the Central Bank with the American side, the
number of banks whose balance can be directly strengthened in US dollars has become 10 banks,

five of which are through Citi Bank, and the

other 5 are through JP Morgan Bank.  He added,
 
"The number of banks whose balances in Chinese yuan will be enhanced through the Singapore Development Bank will become 13 banks," explaining that
 
"the banks that have strengthened their accounts in Indian rupees with the Singapore Development Bank are two, and
 
other banks will be added during the next two weeks."
 
https://www.ina.iq/197173--.html

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