Economist Manar Al-Obaidi explains why the Iraqi dinar dropped in the parallel market, pointing to the upcoming pre-customs ...

The Central Bank of Iraq (CBI) reaffirmed on Monday that it has no plans to modify the Iraqi dinar's exchange rate against ...

While most investors realize Iraq is still a dangerous place to travel to, they may not fully grasp the financial risks tied to trading in the nation’s currency, the dinar. Worried about the dinar’s ...

Hundreds of protesters rallied Wednesday near the Central Bank in the Iraqi capital, Baghdad, angered by the recent devaluation of the Iraqi dinar and demanding the government take action to stabilize ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

IRBIL, IraqIRBIL, Iraq — Dozens of people protested in front of the Central Bank of Iraq in Baghdad and bank owners called for official action to stem a sharp increase in the dollar exchange rate ...

Emerging in the mid-2000s, the dinar scam went from a few U.S. service members trying to make a quick buck to a large-scale scam that bilked hundreds of millions of dollars from countless Americans.

FILE - In this Oct. 21, 2020 file photo, people shop at old Basra market, Iraq. A leaked draft of Iraq's state budget has spurred panic as it confirmed the government's intentions to devalue the ...

Sept. 15, 2006 — -- The odds are debatable, but many people around the world have wagered that the new Iraq will flourish and democracy and free-market capitalism will thrive there. Some have ...

Despite still showing no signs of ever paying off, the Iraqi dinar scam not only lives on, but appears to have found a new home where the worthless currency can easily be bought and sold without ...