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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.
Control of many U.S.-operated bases was transferred to the Iraqi government during the 2020–2021 U.S. troop withdrawal. At the request of the Iraqi government in January 2024, [3] and amid rising regional tensions following the 2023 Israeli invasion of Gaza, the US and Iraq are set to begin negotiations to end US military presence in Iraq. [4]
The Reagan administration generally supported Iraq during the Iran–Iraq War, despite Iraq's extensive use of chemical weapons against post-revolutionary Iran.In response to reports of further Iraqi chemical attacks against its Kurdish minority after the end of the war with Iran, in September 1988 United States (U.S.) senators Claiborne Pell and Jesse Helms called for comprehensive economic ...
September 14, 2023 at 11:24 AM. By Timour Azhari. BAGHDAD (Reuters) - Iraq's central bank must address continued risks of the misuse of dollars at Iraqi commercial banks to avoid new punitive ...
Also on Wednesday, central bank chief Ali al-Allaq told the state-run Iraqi News Agency that his institution continues to provide dollars at the official rate of 1,320 dinar to the dollar for ...
3.9% (August 2023) Website. cbi.iq. The Central Bank of Iraq (CBI; Arabic: البنك المركزي العراقي) is a monetary authority established in 1947, shortly after the end of the British occupation of Iraq. The CBI's primary objectives are to ensure domestic price stability and foster a stable competitive market based financial system.
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