
IRAQI DINAR: 2ND WORST-PERFORMING ARAB CURRENCY - OR IS IT?
Is the Iraqi dinar really the 2nd worst-performing Arab currency? My FX Buddies BlogTranscripción en español A new report citing data attributed to Bloomberg says the Iraqi dinar has fallen 14.2% against the U.S. dollar since the beginning of 2026, placing it behind the Libyan dinar among the Arab currencies cited.But there's an important distinction.A currency being one of the worst-performing currencies does NOT mean it has one of the lowest nominal values.And Iraq's currency situation has become especially important following the October 7 exchange-rate adjustment.The Central Bank of Iraq…
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