The exchange rate for the US dollar compared to the Iraqi dinar continued its upward trajectory on Thursday in Iraq.

Latest US dollar exchange rates against the Iraqi dinar in Baghdad, Erbil, and Basra, compared to the official Central Bank rate.

62 trillion dinars had reportedly been eaten, which is the equivalent of $47 billion, with the dinar trading at around 1,300 to one US dollar. A government financial advisor to Iraq’s prime minister ...

Iraq’s Central Bank Governor Ali al-Alaq said there are no plans to change the dinar’s exchange rate, stressing that the bank’s foreign reserves remain strong and that recent market speculation is ...

BAGHDAD (AP) — Iraq's Central Bank on Saturday announced it will devalue the Iraqi dinar by over 20 percent in response to a severe liquidity crisis brought on by low oil prices, a measure that has ...

BAGHDAD, Iraq — As the euro, yen and other major currencies surge in value against the wilting dollar, even Iraq's bantamweight upstart — the "Saddam-free" dinar — is showing unexpected muscle. The ...

While most investors realize Iraq is still a dangerous place to travel to, they may not fully grasp the financial risks tied to trading in the nation’s currency, the dinar. Worried about the dinar’s ...

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