Iraq officially removes US Dollar from Iran trade | WHAT REALLY HAPPENED


Iraq officially removes US Dollar from Iran trade

Iraq indicated that it has officially removed the US dollar in trade with Iran by announcing a legal limit for passengers to carry along Euros - instead of the customary US Dollars - into the Islamic Republic.

Iran’s media quoted a statement by Iraq’s Customs Authority as saying that passengers would be allowed to carry along €10,000 or an equal value of any other foreign currency other than the greenback into Iran.

The Customs Authority in its previous announcements only cited US Dollar ceilings.

Reports emerged in early September that Iraq and Iran had abandoned the greenback in their mutual trade, giving way to the Euro and local currencies, as well as direct barter of goods.

Webmaster's Commentary: 

So, will the US invade Iraq ... yet again?

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