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Chat Room News Excerpts & Highlights Wednesday Evening 11-7-18
Kurdistan: Erbil police seize millions of USD, IQD, arrest 100 suspected traders
Kosar Nawzad Kosar Nawzad | Kurdistan Erbil Counterfeit Currency Fraud
ERBIL (Kurdistan 24) – Security forces have confiscated many USD and Euro bills and 88 million Iraqi Dinars (IQD) in counterfeit banknotes in Erbil province since the start of 2018, and have arrested 100 suspects for dealing and trading them, the province’s Crime-Prevention units said on Monday.
Don961: An Iranian account for an Iraqi bank
November 7, 2018
BAGHDAD, November 7 (Xinhua) - The Deputy Chairman of the Investment Committee of the Iranian Chamber of Commerce, Mehdi Ali Bor, announced the opening of an Iranian account at a private Iraqi government bank to deposit Iranian export funds in euros and dinars.
Ali Bor told Iranian news agencies that " And a committee at the Ministry of Foreign Affairs confirmed that they will transfer funds in Iraqi dinars, after Iran's request, pointing out that this account will also be used to secure the amount of Iraqi imports to Iran and stressed that the requirement of the United States to exclude Iraq from US sanctions was non-commercial exchange Lahr can be used while the dinar and the euro is said that Iraq did not receive an exemption from US sanctions on Iran, which was limited to eight countries, not including Iraq