Tuesday, September 16, 2025

📈 Iraqi Dinar Strengthens Amid Decreased Dollar Demand

The Iraqi dinar has appreciated against the US dollar in recent months. This improvement is attributed to a significant drop in demand for foreign currency, leading to a stronger dinar in parallel markets. Financial advisor Mudhhir Muhammad Salih noted that this trend reflects the government's efforts to stabilize the currency. The exchange rate has improved by an average of 15% in recent weeks compared to the official rate. 

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