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Established in 2006 as a Community of Reality

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Iraq to stop trading with Iran in U.S. dollars

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chouchou
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Iraq to stop trading with Iran in U.S. dollars

Post by chouchou on Fri 10 Aug 2018, 12:06 pm

TEHRAN – Iraq will have to stop using the U.S. dollar in its financial transactions with Iran due to Washington’s sanctions against Tehran, Iraqi government spokesman Saad al-Hadithi told Sputnik on Thursday.

“The sanctions will influence, first of all, money transfers and banking operations in the U.S. dollar. The sides will not use the U.S. dollar,” al-Hadithi said, adding that the move would result in a decline in trade between the two countries and thus affect the consumers.

He stressed that the Iraqi government would try to find “a new mechanism” in order to support trade relations with Iran.

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weslin3
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Re: Iraq to stop trading with Iran in U.S. dollars

Post by weslin3 on Fri 10 Aug 2018, 12:47 pm

This is great news chouchou... Getting the point across I think.. STAY AWAY from Iran. So if they use IQD in it's full worth.. how will that work?

    Current date/time is Sun 16 Dec 2018, 12:24 am