On Saturday, September 19, 2026, the U.S. dollar surpassed the 160,000 Iraqi dinar threshold in Iraq’s parallel currency markets. This development represents a significant depreciation of the domestic currency as trading opened for the day.
The decline in the dinar's value is attributed to a contraction in market liquidity. Analysts link this financial pressure to ongoing geopolitical tensions and broader market slumps affecting the region.
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