Iraq's Central Bank moves to strengthen dinar against US dollar
Iraq's Central Bank moves to strengthen dinar against US dollar
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The plan includes a measure to buy more Chinese yuan. Other states are also considering using the yuan more.
December 24, 2022
Iraq's Central Bank has a new plan to increase the value of the Iraqi dinar against the US dollar.
The bank released a statement this week outlining the plan. The measures are as follows:
Reducing the US dollar to Iraqi dinar exchange rate for travel or internet purchases from 1,470 dinars to 1,465.
Helping private banks strengthen their…
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