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Iraq bans five banks from U.S. dollar transactions to curb financial violations.
Iraq's central bank plans to prohibit five local banks from conducting U.S. dollar transactions to combat money laundering and other financial violations.
This decision follows consultations with U.S. Treasury and Federal Reserve officials.
The affected banks will still be allowed to operate using other currencies, but their ability to conduct external transactions in dollars will be restricted.
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Irak prohíbe cinco bancos de transacciones en dólares estadounidenses para frenar violaciones financieras.