Iraq may risk dollar access, says Iraqi lawmaker


Anti government protesters chant anti Iran and anti U.S. slogans under a big Iraqi flag that they carry during the ongoing protests in Tahrir square, Baghdad, Iraq, Friday, Jan. 10,2020. (AP Photo/Nasser Nasser)

Baghdad: Iraq’s government could lose access to its dollar account at the Federal Reserve if the Trump administration imposes sanctions, as President Donald Trump has threatened, said Majida Al-Tamimi, a lawmaker on the Iraqi parliament’s financial committee.

Tamimi on Saturday cited information discussed at a meeting with Iraq’s central bank governor and financial officials.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
Axiata, Sinar Mas move closer to US$3.5bil merger
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT

Others Also Read