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America stops the dollar cash to Iraq: Will the dollar rise against the dinar?

Author
Tish Washington
Published
Wed 12 Feb 2025
Episode Link
https://podcasters.spotify.com/pod/show/tish-washington8/episodes/America-stops-the-dollar-cash-to-Iraq-Will-the-dollar-rise-against-the-dinar-e2upcno

America stops the dollar cash to Iraq: Will the dollar rise against the dinar?

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If you'd like to support me: ⁠⁠⁠⁠⁠⁠https://www.paypal.com/paypalme/tishwashIn a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market. This shift raises many questions about its impact on the value of the Iraqi dinar, currency markets, and the local banking sector.

What is a cash dollar?Cash dollars refer to money that is physically sent to Iraq by the United States, usually through banks or other economic mechanisms. This cash flow has played an important role in supporting the Iraqi economy, especially in light of the economic challenges facing the country.

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