Iraq’s dinar devaluation tests efforts to protect consumers from rising prices
The National · 18 Oct 2026

Iraq’s dinar devaluation tests efforts to protect consumers from rising prices

Iraq’s decision to devalue its currency has exposed the competing interests of households and the state, as residents warn of rising living costs while economists argue the move could help protect public finances amid a sharp fall in oil revenue. The Central Bank of Iraq raised the official dollar s


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