Awake-in-3D: Iraq Now Moving Backwards in Battle to Strengthen the IQD

Iraq Now Moving Backwards in Battle to Strengthen the IQD Awake-In-3D, August 22, 2024 Iraq’s struggle to stabilize the dinar worsens as growing reliance on dollars, rising imports, and inflation risks signal a shift in the wrong direction. Iraq is facing serious financial challenges as it tries to reduce its dependence on the U.S. dollar and strengthen its own currency, the Iraqi Dinar (IQD). Despite efforts from the government and the Central Bank, Iraq is relying more on the dollar than ever before. This makes it harder for the country to build a stable economy. Instead of improving the value…