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Iraq's central bank has ordered private banks to close branches in the Kurdistan region within a week to avoid a ban on dollar sales, Iraqi banking sources said Thursday.Kurdistan has meanwhile made its full monthly payment of around $100 million to oil producers working on its territory, despite a big drop in oil exports amid a political crisis roiling the semiautonomous region.The news will be a relief to producers, who had been used to years of non-payments by Kurdistan until the region ramped up exports last year and promised to switch to timely payments on the back of large loans it obtained from oil buyers.
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