INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

No need to change exchange rate of dinar against US dollar: Iraq

From 2004 until now, the exchange rate changed several times according to the circumstances, said official. (QNA)
  • Economic conditions will determine the appropriate decision on exchange rate, official of the Iraqi central bank said
  • The official said that changing the exchange rate remains within the monetary authority's policy

The Central Bank of Iraq said that there is no reason for changing the exchange rate of the Iraqi dinar against the US dollar.

The economic conditions will determine the appropriate decision that fits the time period, the deputy governor of the Iraqi central bank Ammar Khalaf said.

He added that changing the exchange rate remains within the monetary authority’s policy and according to the circumstances.

From 2004 until now, the exchange rate changed several times according to the circumstances, toward an increase or a decrease, he said.