walesonline News By WalesOnline 00:00, 29 JUN 2004 17:59, 31 MAR 2013 ...

Iraq’s Currency Devaluation May Not Be Enough to Salvage Sinking Economy Move will add inflation to the many problems Iraqis face OPEC’s No. 2 producer is reeling from low oil prices and Covid ...

US President George W Bush has hailed the launch of a new currency for Iraq as "an important milestone" for the country's economy. In his weekly radio address, President Bush said the new dinar ...

Mudher Kasim, a senior advisor at Iraq's central bank, has said the country expects to redenominate its dinar currency by omitting three zeros off the nominal value of bank notes to facilitate ...

Now, Iraq’s currency is getting squeezed. According to Bloomberg, Iraq’s dollar reserves have declined by 20 percent to just $59 billion as of July 23. And in order to maintain the dinar’s ...

Iraq's currency reserves are expected to exceed $90 billion by the end of the year, from $70 billion in April, bolstered by higher oil prices, the state news agency INA cited Finance Minister Ali ...

Bremer said the new currency system was in place less than a year into reconstruction of Iraq, a task that he said took three years to begin in post-World War II Germany. The first shipment of the new ...