Deleting zeros or printing a new category? Saving the Iraqi dinar from collapse!
A new storm hit Iraq this time with the local currency depreciating against the US dollar after political, security and health storms preceded it with the outbreak of the Corona virus, the decline in oil prices, the government reaching the stage of deficit in paying its employees’ salaries, and the House of Representatives having to […]
The decline of the Iraqi dinar: Accusations of insulting the government and fears of collapse
Iraqis are facing a new phase of crises. The dinar collapses against the dollar and is reflected in rising inflation, and on widespread poverty, in a country floating on oil and its inhabitants plunged into suffering. For the second week in a row, prices of consumer and construction materials have soared in the markets. The […]