The dinar, as the official currency of Iraq, has depreciated for many years, which causes concerns among economists, policymakers, and people in Iraq. At the source of this, we have distilled exacerbated political instability, poor economic policies, market dynamics, and structural faults in the Iraqi Economy. That is why it is imperative to analyze the […]
The Iranian Rial has remained a great controversy among investors, economists, and politicians for quite some time now. There are lots of questions about the causes for such a drastic depreciation of the Rial against the U.S. dollar and what impacts it has carried on Iran. In this article, however, the focus will be on […]
In 2021, the government of Iraq made plans to decimalize its currency, commonly known as the Iraqi Dinar (IQD), by removing three zeros. The scheme to “redenominate” the currency, as the process is called, is an attempt to rebuild Iraq, which has suffered from inflation and poor economic management for most of the past three […]
The Iranian Rial has been facing immense pressure in recent years, with the currency experiencing a freefall in value against most foreign currencies. As the Rial continues to lose its value, its purchasing power and, thus, the quality of life for millions of Iranians decline further. This article will, therefore, discuss the impacts of the […]
You may have encountered the Iraqi Dinar (IQD) in the past from investors, economists, or otherwise currency enthusiasts browsing through various foreign currencies. Originally launched in 1932, The Dinar was once a robust currency, but political instabilities At the same time, economic sanctions and war have caused a near wipeout worth. The question today is, […]
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