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The Iraqi government decided to increase the official exchange rate of the dinar from 132 to 152 dinars per dollar, which led to the dollar price in the parallel market rising to 180 dinars. This caused disturbances and stagnation in markets and commercial shops, along with a significant increase in prices. The fluctuation of the new exchange rate resulted in widespread suspension of buying and selling activities and affected citizens' livelihoods, as the dollar's price jumped from 165 to 180 dinars within a single day, adding to the experiences of economic upheaval in the country.
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