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The Iraqi dinar [a] (code: IQD) [2] is the currency of Iraq. The Iraqi dinar is issued by the Central Bank of Iraq (CBI). On 7 February 2023, the exchange rate with the US Dollar was US$1 = 1300 dinars.
Iraq. The Central Bank of Iraq (CBI; Arabic: البنك المركزي العراقي) is a monetary authority established in 1947, shortly after the end of the British occupation of Iraq. The CBI's primary objectives are to ensure domestic price stability and foster a stable competitive market based financial system.
The Reagan administration generally supported Iraq during the Iran–Iraq War, despite Iraq's extensive use of chemical weapons against post-revolutionary Iran.In response to reports of further Iraqi chemical attacks against its Kurdish minority after the end of the war with Iran, in September 1988 United States (U.S.) senators Claiborne Pell and Jesse Helms called for comprehensive economic ...
September 14, 2023 at 11:24 AM. By Timour Azhari. BAGHDAD (Reuters) - Iraq's central bank must address continued risks of the misuse of dollars at Iraqi commercial banks to avoid new punitive ...
The economy of Iraq is dominated by the oil sector, which has provided about 99.7% of foreign exchange earnings during its modern history. [ 18 ] As of 2021, the oil sector provides about 92% of foreign exchange earnings. [ 19 ] Iraq 's hitherto agrarian economy underwent rapid development following the 14 July Revolution (1958) which overthrew ...
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Algerian dinar: DZD Algeria: دج (Arabic) or DA (Latin) Bahraini dinar [1] BHD Bahrain.د.ب [2] Iraqi dinar [3] IQD Iraq: ع.د [4] Jordanian dinar [5] JOD Jordan: ينار [6] Kuwaiti dinar [7] KWD Kuwait: ك [7] Tunisian dinar: TND Tunisia
Inter-war period. After the Gulf War, the Iraqi government disendorsed the old currency, favoring newly printed Saddam dinars, and the Swiss dinar ceased to be legal tender. However, the old currency still circulated in the politically isolated Kurdistan region of Iraq. The government of the Kurdistan region did not have the printing plates of ...
The 1994 dinar (ISO 4217 code: YUG) was the shortest-lived out of all incarnations of Yugoslav currency, as hyperinflation continued to intensify, [4] and only one coin (1 dinar) was issued for it. Towards the end of the 1994 dinar, the National Bank overprinted and reissued 10 million dinara banknotes from the 1992 dinar (right).