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Monthly Archives: May 2013
Baghdad Strives to Cease Iraqi Dinar Devaluation
The Baghdad government has been faced with challenges on how to control the Iraqi dinar’s exchange rate against the United States dollar in the past few days. Since April, the rate has been declining, arriving at its lowest at the … Continue reading
Role of Iran in Devaluation of Iraqi Dinar
Earlier in May, there have been conflicting accounts due to the US dollar’s rise in value against the Iraqi dinar. According to economists and politicians, Iranian companies was able to enhance the dollar’s value against the dinar by penetrating the … Continue reading