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The Iraqi dinar [a] (code: IQD) [2] is the currency of Iraq. The Iraqi dinar is issued by the Central Bank of Iraq (CBI). On 7 February 2023, the exchange rate with the US Dollar was US$1 = 1300 dinars.
Still, Iraqi officials say the measures have led to a dollar shortage, which has led the Iraqi dinar to change hands at more than 1,500 per dollar in the unofficial market in recent months, up to ...
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Algerian dinar: DZD Algeria: دج (Arabic) or DA (Latin) Bahraini dinar [1] BHD Bahrain.د.ب [2] Iraqi dinar [3] IQD Iraq: ع.د [4] Jordanian dinar [5] JOD Jordan: ينار [6] Kuwaiti dinar [7] KWD Kuwait: ك [7] Tunisian dinar: TND Tunisia
Because of the economic potential of Iraq, a niche market for Iraqi Dinar currency has emerged. Speculators are making investments in the Iraqi Dinar in hopes of receiving a return once Iraq stabilizes as a country. Jim Cramer's October 20, 2009 endorsement of the Iraqi Dinar on CNBC has further piqued interest in the investment. [22]
The Iraq Currency Board pursued a "conservative monetary policy, maintaining very high reserves behind the dinar", which was "further strengthened by its link to the British pound". [4] In 1949, the currency board was replaced by the National Bank of Iraq, which had been founded two years before on 16 November 1947.
WASHINGTON/BAGHDAD (Reuters) -The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street Journal reported on Wednesday, citing U.S. officials.
A slightly more hawkish set of Federal Reserve regional bank presidents will become voters on the U.S. central bank's rate-setting panel in 2025, raising the chance that any further interest rate ...
Iraqi dinar – Iraq; Jordanian dinar – Jordan, Palestinian territories; ... International dollar – hypothetical currency pegged 1:1 to the United States dollar;