The exchange rate for the US dollar compared to the Iraqi dinar started to decline on Sunday in the Iraqi capital, Baghdad, ...

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 ...

BAGHDAD, Iraq — As the euro, yen and other major currencies surge in value against the wilting dollar, even Iraq's bantamweight upstart — the "Saddam-free" dinar — is showing unexpected muscle. The ...

Iraqi Prime Minister Mohammed Shia al-Sudani revealed on Tuesday that the country’s foreign currency reserves rose to $108 ...

BAGHDAD (AP) — Iraq’s currency ended its nosedive after a meeting between the Iraqi Central Bank head and a top U.S. Treasury official. Under Secretary of the Treasury for terrorism and financial ...

BAGHDAD (AP) — Iraq’s prime minister on Monday replaced the governor of the country’s Central Bank following a weekslong plunge of the Iraqi dinar, the state news agency reported. Prime Minister ...

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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 ...

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 ...

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.

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 ...