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Iran’s Consulates across Iraq to Replace Dollar with Dinar, Euro

19 May 2018 12:01

 

Iranian consulates across Iraq will replace dollar with local currency (dinar) and euro for paying the costs of consular services, including visa issuance, in the next few days.

Iran’s diplomatic missions will receive either the Iraqi dinar or euro for their consular services as of Tuesday (May 22), the Iranian consulates in Iraq announced on Friday.

The Iranian consulates, meantime, said that the US dollar will not be accepted anymore.

The decision was made in line with removal of dollar from the banking operations of the Iranian missions abroad.

The decision comes after US President Donald Trump announced on May 8 his decision to withdraw Washington from the Joint Comprehensive Plan of Action, also known as the Iran nuclear deal, vowing to reinstate the sanctions against Tehran that were lifted as a result of the agreement.

The foreign ministers of Germany, the United Kingdom and France have issued a joint statement saying their countries will stay in the JCPOA even if the United States pulls out of it.

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