Al-Janoob Islamic Bank for Investment and Finance is chaired by al-Zaidi, the prime minister-designate of Iraq. On February 4, 2024, the Central Bank of Iraq removed the same bank from the daily dollar auction.The alleged reason is the smuggling of dollars into Iran. Why this particular name? After years of selecting the Iraqi prime minister over the phone, why is the IRGC commander doing it in person this week? Because the dinar auction passes via al-Zaidi’s bank and is Tehran’s only clean USD train. The cabinet vote is required by the regime to make it open. Tehran is praying for another month while placing their bank chair in the PM’s office. In Baghdad, the phone is ringing. Trump has the power to veto. The trigger is in the hands of Treasury. Tehran has run out of options.
These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
