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Not sure how significant this may be, but I found it interesting to note:
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, met with Bank of England Governor Andrew Bailey in London to discuss strengthening cooperation in monetary policy, digital transformation, and currency management.

Talks covered Iraq’s interest in drawing on the Bank of England’s expertise in updating banknotes and exploring studies on digital currencies.

Al-Alaq highlighted that Iraq’s monetary policy has succeeded in maintaining overall price stability, with inflation dropping to below two percent, the lowest level in the country’s history.

The two sides also reviewed cooperation on foreign reserve management, as part of Iraq’s holdings are kept in the Bank of England’s vaults.

Al-Alaq further urged Bailey to back Iraq’s request to join the Bank for International Settlements in Switzerland, noting the Bank of England’s role on the BIS board.

 
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