Article: “Iraq prohibits cash withdrawals in dollars as of the beginning of 2024”. Quote: “A senior official in the Central Bank of Iraq said that the country will ban cash withdrawals and transactions in US dollars as of January 1, 2024, in the latest effort to limit the misuse of the country’s hard currency reserves in financial crimes…dollars deposited in 2024 can only be withdrawn in local currency at the official rate of 1,320 dinars to the dollar.
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