Iraq has imposed a ban aimed at stopping fraud, money laundering, and other illegal operations with U.S. dollars, according to Reuters. This decision was made a few days after the visit of a high-ranking representative of the U.S. Treasury. The Iraqi government has prohibited banks from participating in the daily auctions for the sale of U.S. dollars conducted by the country’s Central Bank. The goal is to halt the smuggling of dollars to Iran, a situation actively opposed by the U.S. Iraq, an ally of both the U.S. and Iran with over $100 billion in reserves stored in the U.S., heavily relies o…