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Iraq's central bank sets dinar rate at 1,520 per dollar

Original: 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.

Why now: Iraqis and regional markets track dinar devaluation and exchange-rate policy closely because of its impact on purchasing power and imports.

Central Bank of IraqIraqi dinarIraq

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