There’s a lot of confusion about whether these banks in Iraq are on sanction and how it is affecting the exchange rate. Article: “The Reality of US ‘Sanctions’ on Iraqi Banks” …I’ve seen articles where they say these banks are under sanctions but if you go to the official website they’re not listed there so it’s like a gray area. They’re under sanctions but they’re not officially under sanctions. It’s like putting them in a ‘time-out’ is what it is.
