Article: “How did the US “shock policy” affect the price of the dollar in Iraq?” Quote: “A report published by the American Wall Street Journal today, Friday, shed light on the dollar crisis in Iraq and the accompanying rise in the prices of food and imported goods…The newspaper quoted US and Iraqi officials as saying, “The Federal Reserve began last November to impose stricter controls on Iraqi commercial banks’ dealings in dollars, in a move aimed at curbing money laundering and illegal access to dollars to Iran and other countries subject to severe sanctions in the Middle East.”
