The Iraqi Dinar is in trouble with falling value and high inflation so the Central Bank of Iraq (CBI) is looking for solutions. The traditional currency can’t keep up with the US dollar. A Digital Iraqi Dinar would be a game changer for the country’s monetary system. The CBI is looking at a digital currency […]
Iraq’s recent banking reforms mark a significant shift in its monetary policy as the country pursues the de-dollarization of Iraqi Dinar. The nation’s central bank implemented strict new transaction regulations in early 2024, consequently reshaping the relationship between the local currency and the US dollar. Furthermore, these changes affect not only Iraq’s domestic financial operations […]
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