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Iraq's Central Bank says it's official! 1500 dinars to $1
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The dollar is rising wildly in Iraqi stock markets. My FX Buddies Blog The government raised the exchange rate of the dollar against the dinar. The exchange rate of the dollar against the dinar has skyrocketed. The government said the decision came after an emergency presentation from the finance minister and the central bank governor. The exchange rate in Baghdad is 185, Erbil 180, and Sulaymaniyah 170. The exchange rate of the US dollar against the Iraqi dinar has risen dramatically and at varying rates in Iraqi provincial exchanges, exceeding 180,000 dinars per 100 dollars in Baghdad, 180,000 dinars in Erbil, and 170,000 dinars in Sulaymaniyah, following the cabinet's decision to set the exchange rate at 1,500 dinars per dollar. A statement signed by the Secretary-General of the Council of Ministers, Hamid Al-Ghazi, was issued based on what was presented by the Minister of Finance and the Governor of the Central Bank during the Council of Ministers meeting. The Cabinet, in its regular session held yesterday, Tuesday, decided to amend the exchange rate of the dollar to 1500 dinars per dollar, which is the official purchase price by the Ministry of Finance. The decision set the selling price of one dollar, and its sale to the end beneficiary, at 1520 dinars per dollar. One of the biggest questions for Iraqi dinar watchers is the exchange rate. https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar