Wednesday, October 21, 2026
Saga
Iraq dinar devaluation after Hormuz oil-export shock
Overview
Description Iraq’s dinar devaluation after the Hormuz oil-export shock reflects Baghdad’s effort to stabilize public finances after a sharp crude-revenue loss. Overview The Central Bank of Iraq moved the public dollar-selling rate to 1,520 dinars from roughly 1,320, amounting to about a 13% to 15% devaluation. The decision…
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Stories in this saga
1 story, 2 sources
Oct 8, 2026
Iraq Devalues Dinar Amid Hormuz Loss
- Iraq Cuts Dinar Value to 1,520 per USD Amid Hormuz Oil Export Loss13 days ago
- Iraq Devalues Dinar 13% to Offset Hormuz Oil Export Loss14 days ago