May 2023
May 26, 2023
Escalating Dollar Shortage Crisis; Iranian Foreign Minister Requests 'Banking Cooperation' from Iraq
Iran's Foreign Minister has requested increased banking cooperation with Iraq amidst a growing dollar shortage crisis. Despite previous promises regarding the release of frozen Iranian…
May 6, 2023
Continued Currency Transfer Challenges; Iraqi Central Bank Cannot Transfer Dollars to Iran
The Iraqi Central Bank has stated it cannot transfer dollars to Iran, complicating Iran's efforts to collect over $11 billion in claims from Iraq for…