Article quote: “The United States has warned Al-Sudani’s government eight times publicly …American side has provided ample evidence the majority of buyers of the dollar are smuggling it out of the country to Iran, Syria and Lebanon.” Local and private banks don’t have the dollar. You’re going to see how that plays out…The request for a specific cash [$1 billion] was denied by the Federal Reserve Bank…The black market is the problem and they just got pinched…I think the US Federal Reserve Bank, US Treasury, Central Bank of Iraq and Al-Sudani got fed up and tired and said we’re going to fix it whether you like it or not…the black market will go away if they do this properly.
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