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Rules to Curb Illicit Dollar Flows Create Hardships for Iraqis

The regulations were meant to prevent dollar transfers to those targeted by U.S. sanctions on Iran, Syria and Russia. But they have ended up harming ordinary Iraqis who need U.S. currency for business or travel.

Alissa J. Rubin
Author: Alissa J. Rubin

Written by

Alissa J. Rubin

in

Central Bank of Iraq, Currency, Federal Reserve Bank of New York, Iraq, Treasury Department
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