US Dollar Banned for Trade in Iran

The Islamic Republic of Iran has delivered another sharp blow to the US dollar. The government recently announced that it will no longer be accepting the dollar for trade. Anyone attempting to use the dollar will be barred from passing through import procedures. This comes as a result of concerns the Central Bank of Iran…

Trump Policy Brings USD to 3 Year Low

The value of the US dollar has dropped to its lowest point in three years (since 2015). As reported by RT America: “The ICE US Dollar Index, which measures the American currency against a basket of six rival currencies, dropped 1 percent to 89.245 on his speech, falling below 90 for the first time since…