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Iraqi Markets Witness Hike in Dollar Price Exchange VS Iraqi Dinar

Iraqi Markets Witness Hike in Dollar Price Exchange VS Iraqi Dinar
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Iraqi dinar falls 17% against dollar amid US restrictions over Iran deals

The current depreciation follows 14 Iraqi banks being barred from using the dollar amid a crackdown on smuggling to Iran.

New yorkUnited statesUnited arab emiratesHaider al shammaAli al allaqIraqi news agency onTreasury departmentUs treasury departmentCentral bank govFederal reserve bankCentral bankWall street journalIraqi news agencyMiddle easternUnited arab

Iraq currency depreciation linked to traders not using central-bank platform, central bank says

Iraq currency depreciation linked to traders not using central-bank platform, central bank says
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Timour azhariJana choukeirAli al allaqToby chopraThomson reuters trust principlesThomson reuters trust

Iraq c bank chief: High dollar-dinar exchange rate caused by reluctance to use bank s electronic platform

Iraq c bank chief: High dollar-dinar exchange rate caused by reluctance to use bank s electronic platform
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United arab emiratesJana choukeirAli al allaqToby chopraTimour azhariIraqi news agencyThomson reuters trust principlesThomson reuters trust

Iraq currency depreciation linked to traders not using c bank platform - c bank

Iraq s currency has fallen against the U.S. dollar because some traders are sourcing hard currency in the black market instead of using the central bank s official exchange platform, central bank.

Timour azhariJana choukeirToby chopraAli al allaq