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WSJ News Exclusive | U.S. Warns Iraq It Risks Losing Access to Key Bank Account if Troops Told to Leave
Keywords: U.S. Iraq Relations,
Iraq has $3 billion at the New York Federal reserve Bank in overnight deposits, needed for the Iraqi economy's smooth operation. Loss of access to this account would hurt the Iraqi dinar currency with sharp devaluation. It would also hurt workers, spending and the Iraqi economy.
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