Saturday Special Iraqi News Catch up: A year after the decision..a report discussing what to reduce the value of the Iraqi dinar
Saturday Special Iraqi News Catch up: A year after the decision..a report discussing what to reduce the value of the Iraqi dinar
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On such days and a year ago, the Central Bank of Iraq approved on December 19, 2020, the devaluation of the Iraqi dinar from 1200 dinars per dollar to 1460 dinars per dollar, equivalent to 22%.
The Central Bank of Iraq attributed the reasons for the devaluation of the dinar at the time to what it described as structural distortions in the Iraqi economy that impoverished public finances and…
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