From dollar to dinar... Exchange rate policy confuses

My FX Buddies · Feb 5, 2026 · 31m

Iraq’s Central Bank has sparked major controversy after

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ordering oil contractors to receive payments in Iraqi dinars instead of US dollars.

Economic experts warn this policy could cause massive financial losses for Iraqi oil subcontractors, threaten over 50,000 jobs, and disrupt operations across the oil sector.

In this video, we break down:

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