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Thursday, October 29, 2026 3:4 GMT
The US has agreed to increase shipments of physical dollars to Iraq, prime minister Ali Al-Zaidi said, in a move that could ease cash shortages in the country’s heavily dollar-dependent economy. The shipment of US$1 billion in notes per month comes at the same time as Baghdad has instructed US oil companies to increase their output. In a local TV interview broadcast at the weekend, Al-Zaidi disclosed that the Trump administration has approved Baghdad’s request for an increase in dollar...More