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Iraq Says the Dollar Will Fall Further — What Happens to the Dinar?

Iraq's Parliamentary Finance Committee says the value of the U.S. dollar https://www.myfxbuddies.com/2026/07/iraq-says-dollar-will-fall-further-what.htmlcould decrease further as more Iraqi banks resume dollar transactions and restrictions on some banks are lifted.Committee Chairman Uday Awad said the move could affect the dollar exchange rate, the flow of U.S. dollars into Iraq, and the parallel market, potentially benefiting the Iraqi economy and reducing the dollar's value in the local market.

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The comments come as Iraq's banking…

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