Iraq central bank says reaches understandings with US ...Kuwait

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Iraq central bank says reaches understandings with US
The Iraqi central bank said it has reached understandings with the US Federal Reserve and Treasury Department on managing Iraq's financial transactions crisis. It came during a visit to Washington by a delegation of senior economic and banking leaders led by Iraqi Foreign Minister Fuad Hussein which began on Thursday, with the decline in the Iraqi dinar's value top of the list of issues to be discussed. The US trip comes after Moscow's Foreign Minister Sergey Lavrov visited Iraq, where he and Hussein discussed unpaid bills owed to Russian oil companies because of US sanctions over the war in Ukraine. The drop in the Iraqi dinar's value followed measures recently impos

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