Categories: Iraq

US Fed sends $500 million cash shipment to Iraq amid financial pressures

The United States Federal Reserve has sent a $500 million cash shipment to the Central Bank of Iraq. This move is intended to provide additional dollar liquidity to Iraq as the country faces financial pressures. The shipment is the latest effort to support Baghdad’s financial stability. According to reports, the Central Bank of Iraq has received the cash cargo, which is expected to help alleviate some of the financial challenges facing the country.

Article source: iraqinews.com | Image credit: x.com

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