Rumors have been circulating online about a possible
reduction in Iraq’s exchange rate — but the Central Bank of Iraq has set the record straight.
In an official statement, the Bank denied all claims suggesting a plan to lower the value of the dinar to 4,000 per dollar, calling the reports completely false. The statement emphasized that the current exchange rate remains stable, backed by strong monetary indicators and solid foreign reserves.
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In this episode, we break down:
What the Central Bank actually said in its official statement
Why rumors like this appear — and how they impact market confidence
How Iraq’s monetary indicators and reserves are defending the dinar’s strength
The importance of relying on official economic sources to prevent market disruption
This update reinforces Iraq’s ongoing financial stability and the Central Bank’s commitment to transparency and market confidence.
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