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Iraq's dinar devaluation draws opposition from MPs

Original: 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.

Why now: The devaluation directly affects Iraqis' purchasing power, making it a contentious economic and political issue.

IraqIraqi dinarIraqi ParliamentAl Jazeera

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