Iraq hikes official dollar rate to 1520 dinars
The Central Bank of Iraq has raised the official exchange rate of the dollar from 1,320 dinars to 1,520 dinars, effective today, Wednesday. This move aims to address the economic impact of global changes and to mitigate the effects of the current decline in the local currency's value. The decision seeks to promote market stability and establish a balance in exchange rates, in light of the economic challenges facing the country.
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