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Iraq Parliament warns of "Collapse" of Iraqi Dinar

By on 23rd June 2021 in Investment, Iraq Banking & Finance News, Politics

By John Lee.

Iraq's Parliamentary Finance Committee has reportedly warned the Central Bank of Iraq (CBI) of a possible collapse in the value of the Iraqi dinar (IQD) against the US dollar.

Committee member Muhammad Al-Shabki told Shafaq News Agency that there are fears of the collapse of the Iraqi currency "in the coming period" due to the continued government confusion and the lack of control over the dinar exchange rate against the US dollar.

More here.

(Source: Shafaq)

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3 Responses to Iraq Parliament warns of "Collapse" of Iraqi Dinar

  1. Noel 24th June 2021 at 16:49 #

    What’s the value of the Iraqi dinar against the US dollar?

  2. Herbie 1st July 2021 at 20:54 #

    Yeah but next article says their going to reverse the devalue. So they are playing games.
    Racing camels for the girl is much f more fun!

  3. nabeel tomman 9th August 2021 at 12:27 #

    1460 official rate and 1480 parallel rate