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Iraqi dinar hits nine-month high against US dollar
Iraqi dinar hits nine-month high against US dollar
link to My FX Buddies Blog https://www.myfxbuddies.com/2025/03/iraqi-dinar-hits-nine-month-high.html
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On Sunday, the US Dollar was trading at 147,750 dinars, but it has since appreciated to 145,950 dinars, signaling a positive shift in the national currency's value.
This significant improvement is largely attributed to the effective measures implemented by the Central Bank of Iraq. The bank's consistent efforts in maintaining a steady supply of dollars, coupled with a decrease in demand for the US currency, have played a key role in strengthening the dinar.
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