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Iraq and US agree to resume dollar cash shipments
Original: Iraq, US agree to resume dollar cash shipments
Iraq and the United States have agreed to resume shipments of US dollar cash to Iraq, according to Middle East Monitor. The move eases a dispute that had disrupted dollar flows to Iraqi banks and the currency market, where cash dollars are widely used for trade and salaries. Details on timing and volumes were not given.
Why now: Dollar cash flows affect Iraq's currency stability and banking sector, making the agreement significant news.
IraqUnited StatesMiddle East Monitor
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- Iraq, US agree to resume dollar cash shipments · Middle East Monitor
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