Iraq Central Bank Sets Dinar Exchange Rate at 1,520 Per Dollar
Iraq's central bank set the dinar exchange rate at 1,520 per US dollar on Wednesday, the state news agency reported. The country formally ended its dollar auction system at the start of 2025 under US pressure to curb the diversion of dollars to sanctioned entities.
Iraq's central bank set the dinar exchange rate at 1,520 per US dollar on Wednesday, the state news agency reported. Iraq formally ended its dollar auction system at the start of 2025 under US pressure to curb the diversion of dollars to sanctioned entities, especially Iran. Heavy curbs on US dollar…