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Iraqi dinar
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- 1Iraq Devalues Dinar by 14.5% in First Move in Three Years▼Iraq Devalues Dinar for the First Time in 3 Years by 14.5%
Iraq has devalued its currency, the dinar, by 14.5%, its first devaluation in three years. The move affects Iraqis' purchasing power and has drawn attention across regional financial and banking circles, with observers weighing its impact on imports, salaries and savings in an economy heavily dependent on oil revenues.
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Iraq has devalued its currency, the dinar, in a move officials say is aimed at easing mounting economic pressure on the country. The decision affects the purchasing power of Iraqis and has drawn attention from observers tracking Iraq's financial stability, which depends heavily on oil revenues. Details on the size of the devaluation and its implementation remain limited.
- 3Iraq Central Bank Defends Dinar Rate Adjustment▼Iraq Central Bank Says Dinar Rate Adjustment Aims to Protect Financial Stability
The Central Bank of Iraq says its recent adjustment of the Iraqi dinar's exchange rate is intended to protect the country's financial stability. The statement, reported by regional media including Kurdistan 24, frames the move as a safeguard rather than a devaluation. Reactions have not been detailed, but the Iraqi dinar's value is a sensitive economic and political issue for Iraqis, who closely watch currency shifts that affect purchasing power and import prices.
- 4Iraq's Central Bank Devalues the Dinar Amid Oil Export Hit▼Iraq Central Bank Devalues Dinar after Mideast War Hurts Oil Exports
Iraq's central bank has devalued the dinar after the Middle East conflict disrupted the country's oil exports, a key source of government revenue and foreign currency. The move aims to relieve pressure on the bank's dollar reserves as export earnings fall. The devaluation is likely to raise import costs and fuel concerns about inflation and purchasing power for ordinary Iraqis.
- 5Iraq devalues dinar 13% amid Hormuz disruption▼Iraq devalues dinar 13% as Hormuz disruption hits oil revenue
Iraq has devalued its dinar by around 13% after disruption near the Strait of Hormuz hit oil export revenues, a major blow to a state budget almost entirely dependent on crude sales. The move raises import costs for ordinary Iraqis and signals mounting fiscal pressure on Baghdad as regional tensions disrupt the oil shipments that fund the government.
- 6Iraq's dinar devaluation draws opposition from MPs●Why has Iraq devalued its currency, and why are some MPs against it? https://www. aljazeera.com/economy/2026/10/ 8/why-h
Iraq has devalued its currency, the dinar, a move that has sparked objections from members of parliament. Critics among MPs argue the devaluation will drive up living costs and worsen financial pressure on ordinary Iraqis. The government's reasoning for the move and the full detail of the parliamentary opposition are set out in Al Jazeera's coverage of the decision.
- 7Why Iraq devalued its currency, and why MPs object▼Why has Iraq devalued its currency, and why are some MPs against it?
Iraq has devalued its dinar, a move that has drawn opposition from some members of parliament. The government cites pressure on foreign currency reserves and the need to fund salaries amid lower oil revenues, while critics argue the measure will raise prices for ordinary Iraqis who depend on imported goods. Debate over the decision is unfolding in Baghdad as lawmakers question who bears the cost of the adjustment.
- 8Oil shock forces Iraq to devalue the dinar against dollar▼Oil shock pushes Iraq to lower dinar to US dollar exchange rate
Falling oil prices have pushed Iraq to devalue its currency, lowering the dinar's exchange rate against the US dollar. Iraq relies heavily on oil revenues to fund its budget, so a prolonged price slump squeezes government finances and foreign currency reserves, prompting the devaluation. Commentators are watching the move's impact on ordinary Iraqis' purchasing power and on stability in a country already facing economic strain.
- 9Iraq's central bank sets dinar rate at 1,520 per dollar▼Iraq's central bank sets dinar exchange rate at 1,520 per US dollar - state news
Iraq's central bank has set the dinar exchange rate at 1,520 to the US dollar, according to state news reported by TradingView. The official rate move matters for importers, businesses and households dealing with dollar-linked costs, and currency watchers are closely following any shift in Baghdad's exchange-rate policy after years of devaluations and attempts to stabilise the dinar.