By John Lee.
Iraqi currency in circulation fell by 0.6 percent in the first quarter of 2025, according to a statement from the Central Bank of Iraq (CBI).
It said money supply fell from IQD 100.5 trillion [$76.7 billion] to IQD 99.9 trillion.
The reduction is expected to help contain inflation and maintain price stability.
(Source: CBI)
Twenty-one years and still waiting! Why? If ever?
What should be obvious to everyone by now is that the Dinar will have to come out at an "even" level with the U.S. dollar. No more-no less!
That is the only way that the actual value will remain stable during the convergence.