IQD/USD: Iraq Revalues Dinar Currency Weeks After Replacing Central Bank’s Head

IQD/USD: Iraq Revalues Dinar Currency Weeks After Replacing Central Bank’s Head

Iraq revalued its currency just over two weeks after replacingBloomberg Terminal the central bank governor as part of an effort to stabilize the foreign exchange market. The cabinet on Tuesday approved a decision to set the exchange rate at 1,300 dinars per US dollar, according to a tweet on Prime Minister Mohammed Shia Al-Sudani’s office … Read more