Iraq devalues currency as Middle East war hits oil exports
AI Summary
Iraq's central bank devalued the dinar against the U.S. dollar, citing economic pressures from the Middle East war. The conflict has disrupted Iraq's oil exports, contributing to the currency crisis.
Iraq’s central bank has devalued the dinar against the dollar, citing a crisis caused by the Middle East war which has hurt the country’s oil exports. Read More: https://punchng.com/iraq-devalues-currency-as-middle-east-war-hits-oil-exports/
Conflict Politics Markets Commodities Energy Iraq Iraqi dinar currency devaluation oil exports Middle East war central bank foreign exchange