Iraq devalues its currency as Iran-U.S. war disrupts oil shipping routes

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  1. 7 oct 2026, 8:25 · ayer ·inglés

     Iraq devalues its currency as Iran-U.S. war disrupts oil shipping routes

     The country’s central bank said in a statement that the new exchange rate had been decided at a meeting of Iraq’s Cabinet the night before. The post Iraq devalues its currency as Iran-U.S. war disrupts oil shipping routes appeared first on MS NOW.

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  1. ▶ video8 oct 2026, 12:30 · hace 3 horas ·inglés

     Iraq devalues currency by 15% as Hormuz crisis disrupts oil exports

     Iraq has devalued its currency by around 15%, the biggest adjustment since 2020. The change is the Iraqi government’s response to disrupted oil exports through the Strait of Hormuz the country’s dependence on food imports means essential items like rice and flour are expected to become more expensive. Al Jazeera’s Peter Smith reports from Baghdad, Iraq. Check our website: Download AJE Mobile App:

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