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Reuters

Reuters

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World

Exclusive-Five Iraqi banks to be banned from U.S. dollar transactions - sources

Reuters
Summary
Nutrition label

80% Informative

Iraq 's central bank will ban five more local banks from engaging in U.S. dollar transactions.

The move comes after meetings with Treasury and Federal Reserve officials in efforts to combat money laundering, dollar smuggling and other violations, sources say.

Iran views its neighbour and ally Iraq as an economic "lung" and wields considerable military, political and economic influence there.

VR Score

88

Informative language

91

Neutral language

89

Article tone

formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links