The Iraqi government announced on Saturday that it has reached an understanding with the United States to ensure the continued supply of physical U.S. dollar cash shipments to Iraq. According to a spokesperson for the Iraqi government, who spoke to the Iraqi News Agency, a new shipment of currency is anticipated to arrive within the next few days.

This development follows a period of instability regarding the supply of physical dollars to the Iraqi banking system. Earlier this year, in April, the United States reportedly halted a shipment of approximately $500 million. Following this suspension, which lasted for several months, Iraqi officials stated that the U.S. resumed some cash shipments in July. The current agreement appears to be a continuation of the efforts to stabilize the flow of currency into the country, though the specific conditions or long-term duration of this arrangement remain unstated by the Iraqi government. The U.S. government has not yet issued a formal statement confirming the details of this specific understanding or the reasoning behind the previous suspension of funds.