BAGHDAD (Dispatches) - Iraq has stopped trading with Iran in the U.S. dollar after Washington imposed economic sanctions on Tehran, according to the country’s central bank.
The Central Bank of Iraq has notified to all banks in the country that using dollars with Iranian banks has been banned.
"While there are sanctions on Iran, it will be difficult to preserve the trade relations with Iran,” Iraqi government spokesman Saad al-Hadithi said.
New methods will be applied to ease the effects of the sanctions on trade, al-Hadithi added.