CBI Confirms Devaluation of Iraqi Dinar
By John Lee. The Central Bank of Iraq (CBI) has confirmed the approximately 15-percent devaluation of the Iraqi dinar, which we reported on Wednesday. In an official statement, it said that the new rate is intended to support domestic industry, improve the competitiveness of Iraqi goods against imports, attract investment to non-oil productive sectors, and create […] The post CBI Confirms Devaluation of Iraqi Dinar first appeared on Iraq Business News .