The U.S. dollar is also widely used. "The new currency will be one currency for one united Iraq," Salman said. Plans call for Iraqis to exchange their old notes for new ones by Jan. 15.

The exchange rate for the US dollar compared to the Iraqi dinar declined on Tuesday in the Iraqi capital, Baghdad, and in ...

New Iraqi Currency NPR's Bob Edwards talks to Peter McPherson about the introduction of a new currency in Iraq. McPherson is the former financial coordinator for U.S.-led efforts in Iraq, and he ...

When the U.S.-led coalition overthrew the Iraqi government in 2003, the old dinars continued to circulate until the interim government launched a new currency the following year. New dinar notes ...

Because the new Iraqi currency is so weak, a mere 5,000 Egyptian pounds ($813) is enough to acquire a whooping 1 million dinars. To the Cairo government's consternation, Egyptian investors ...

The currency exchange followed months ... inserted forged bills or taken some of the money. Iraqi Police Col. Wahda Nasrrat, head of the new economic crimes section, said he expected more arrests ...

After the fall of Saddam Hussein and the introduction of a new Iraqi currency, the former dinar-dollar rate of 3-1 altered to roughly 1400-1. The Baathist regime had set the 3-1 rate, but it had ...

Despite still showing no signs of ever paying off, the Iraqi dinar scam not only lives on, but appears to have found a new home where the worthless currency can easily be bought and sold without ...

The replacement of an entire nation's currency ... Mohammed said he likes the new money, both for its quality and for its look -- it features images from Iraq's history and landmarks similar ...

Yet the transformation to a new Iraqi currency alone will be a formidable challenge. It will involve not only figuring out whom to print on the note’s face but also finessing the politically and ...

Iraq -- Iraq's new dinar -- which replaced the note bearing the face of captured ex-dictator Saddam Hussein -- has risen sharply against the U.S. dollar over the past week. Currency traders in ...