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How Iraq caused a Currency Crisis by Paying Iran in Dinars

By on 8th March 2023 in Iraq Banking & Finance News, Iraq Industry & Trade News, Politics

By Suadad al-Salhy for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

How Iraq caused a currency crisis by paying Iran in dinars

Desperate to avoid power shortages, Kadhimi's government gave Iran billions of dinars.

US sanctions however mean it can no longer access the dinars it needs

Click here to read the full article.

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2 Responses to How Iraq caused a Currency Crisis by Paying Iran in Dinars

  1. truth_teller 8th March 2023 at 05:34 #

    change the iqd rate to $5.00 iqd to $1.00 usd and be done with it

  2. Roosevelt Oggs Sr 13th March 2023 at 20:12 #

    That makes a whole lot of since.

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