United States · Markets & Finance · OilPrice.com

Iraq Devalues Dinar 14.5% as Hormuz Disruption Drains Oil Revenue

Published by OilPrice.com · United States 2 h ago

Iraq devalued the dinar by 14.5% on Wednesday, setting the exchange rate at 1,520 per dollar after months of disruption to oil exports through the Strait of Hormuz cut into the…

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