BAGHDAD — An unexpected bright spot has appeared in this war-ravaged Iraqi capital ... watching a man sell dollars for the blue 5,000-dinar notes adorned with waterfalls and desert fortresses.

The Iraqi Dinar revaluation scam has entered a new phase while untold thousands continue to hold onto the troubled currency. The U.S. Securities and Exchange Commission (SEC) recently filed a ...

The drop of the Iraqi dinar value was attributed to corruption, smuggling dollars out of Iraq, and pressure from the United States. The Iraqi Central Bank in late 2020 devalued the dinar against ...

Iraq’s central bank will restrict all internal commercial transactions to the Iraqi dinar starting next year, the bank said in a statement, citing governor Ali Al-Allaq. The step appears aimed ...

The value of the Iraqi dinar has reached post-war highs, amid a wave of new confidence in the Iraqi economy. The currency has doubled in strength against the dollar since Saddam Hussein was overthrown ...

Dozens of people protested outside the Central Bank of Iraq in Baghdad while bank owners urged action as the Iraqi dinar fell after the United States blacklisted 14 Iraqi banks. The demonstrations ...

Iraq’s central bank is taking steps to reduce the parallel market rate of the dinar to the US dollar and there is no indication that the exchange rate will hit 1,700 dinars per dollar ...

The move Wednesday comes after the United States blacklisted 14 Iraqi banks. Over the past two days, the market rate of the dollar has jumped from 1,470 dinar per dollar to 1,570 dinar per dollar ...

Iraq's local currency has been on a two-month rollercoaster ride following a tightening of procedures for international transfers, with some blaming Washington for the dinar's woes. While the ...