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Iraq Devalues Dinar 14.5% as Hormuz Disruption Cuts Oil Revenue
OilPrice.com·IQ · IR·about 7 hours ago
Iraq devalued its currency by roughly 13% against the dollar, a direct response to reduced oil exports caused by the war in Iran. The move signals fiscal strain and could fuel domestic inflation, while highlighting the economic fallout of regional conflict on oil-dependent states.
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