posted on 11/21/2012 8:54:37 AM PST
The case I found involved a Bank of China branch in the U.S. As I understand it, U.S.-based banks won't deal with Syrian or Iranian banks, so these two countries get their dollars through foreign banks who have a U.S. and thus dollar denominated presence.
posted on 11/21/2012 9:18:47 AM PST
(Lost the country? Win your state.)
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