econ

Iraq Devalues IQD Amid Parliamentary Opposition

| Iraq

Iraq announced a devaluation of the Iraqi dinar (IQD) exchange rate, sparking debate within parliament. Some MPs have voiced opposition to the adjustment, citing concerns over its economic impact on ordinary Iraqis and import costs. The move reflects ongoing tensions between the government's economic policy goals and parliamentary stakeholders over currency management.

Iraq devalues its currency amid parliamentary opposition over IQD exchange rate
Iraq devalues its currency amid parliamentary opposition over IQD exchange rate — Al Jazeera