News

An analysis by Manar Al-Obaidi reveals small Iraqi banks have a 400% credit-to-deposit ratio, raising serious questions about ...
02 September 2014 BAGHDAD/ Aswat ala-Iraq: Minister of Youth and the leading Turkmen member in the State of Law Alliance disclosed that the Iraqi government allocated 500 billion Iraqi dinars for ...
Understanding the Iraqi Dinar Following the 1991 Persian Gulf War, the economy of Iraq suffered under the weight of United Nations sanctions and widespread government corruption. As the government ...
The current bestseller is an entry for “250,000 Iraqi Dinar: 10 x 25,000 [uncirculated] Iraq Banknotes” selling for $375—despite 250,000 dinars only being worth about $191 at current ...
If passed, the law will impose a tax of 500 Iraqi dinars (around $0.38) on each imported pack of 20 cigarettes. It will also prohibit smoking in public places, with violators facing a fine of ...
The Iraqi dinar does not float freely; the exchange rate is fixed by the central bank, meaning that the currency is unlikely to experience rapid appreciation, even if Iraq’s economy does gain ...