Iraq devalued the dinar 14.5% to 1,520 per dollar after months of Hormuz disruption cut oil exports, its main revenue. The move lifts the dinar value of dollar ...
Iraq devalued the dinar 14.5% to 1,520 per dollar after months of Hormuz disruption cut oil exports, its main revenue. The move lifts the dinar value of dollar oil sales as Baghdad faces a 2027 deficit above 40T dinars. #Iraq#OilPrice#Hormuz