Financial deposits taken out of Iraqi banks for fear of “bankruptcy”
The volume of deposits in Iraqi commercial banks decreased to the lowest level in 22 months The closure of the Central Bank’s dollar transfer platform at the beginning of the year caused the withdrawal of large deposits A third of Iraqi commercial banks are blacklisted by the United States The Central Bank of Iraq’s closure […]
Will The Domino Effect of Currency Depreciation Reach Iraq in 2025? Iraqi Dinar Highlights.
The dramatic currency crisis sweeping through the Middle East has raised concerns about the domino effect of currency depreciation reaching Iraq in 2025. The Turkish lira dropped 38% against the US dollar in 2024. The Syrian pound and Iranian rial haven’t fared better, losing 50% and 20% of their value. Iraq’s strong economic connections with […]
Is the Iraqi Dinar Poised to Decline in 2025?
The Iraqi Dinar (IQD) has been a decisive interest to investors and currency lovers, primarily due to its fluctuating nature and its associated attribute of speculation. Since early 2003, they have been hopeful and sometimes have a setback in valuation or a sharp change in the value of the Iraqi Dinar among investors. As 2025 […]
Case Study: Deterioration of the Iraqi Dinar
The Iraqi Dinar has been an interesting currency for a long time. Given its very volatile value, investors and professionals have actively discussed it. Over time, it has experienced volatile flows, making it a fascinating study area for scholars interested in international economics, currencies, and Currency politics. In this case study, we will analyze conditions […]