Central Bank of Iraq Makes Big Announcement: New Bank in the US

The Central Bank of Iraq just announced that the Visa and MasterCard card issues abroad are set to be fully resolved by next month — ahead of schedule! 🏦✨
Link to My FX Buddies Blog https://www.myfxbuddies.com/2025/04/the-central-bank-sets-date-for-opening.html

Governor Ali Mohsen Al-Alaq confirmed rapid agreements with Visa, MasterCard, the U.S. Treasury, and the Federal Reserve to settle international card transactions.
In today’s update, he also revealed new plans to issue cards for small merchants to simplify foreign trade.

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What does this mean for Iraq's economy?
How will it affect travelers, merchants, and international trade?
Let's dive into all the important details!

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#Iraq #BreakingNews #Visa #MasterCard #CentralBank #IraqEconomy