While most investors realize Iraq is still a dangerous place to travel to, they may not fully grasp the financial risks tied to trading in the nation’s currency, the dinar. Worried about the dinar’s ...

The Central Bank of Iraq (CBI) reaffirmed on Monday that it has no plans to modify the Iraqi dinar's exchange rate against the US dollar.

The exchange rate for the US dollar compared to the Iraqi dinar started to decline on Wednesday in the Iraqi capital, Baghdad ...

BAGHDAD, Iraq — As the euro, yen and other major currencies surge in value against the wilting dollar, even Iraq's bantamweight upstart — the "Saddam-free" dinar — is showing unexpected muscle. The ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

Emerging in the mid-2000s, the dinar scam went from a few U.S. service members trying to make a quick buck to a large-scale scam that bilked hundreds of millions of dollars from countless Americans.

Sept. 15, 2006 — -- The odds are debatable, but many people around the world have wagered that the new Iraq will flourish and democracy and free-market capitalism will thrive there. Some have ...

BAGHDAD - "Can I get fifty bucks in Iraqi dinar'" That may sound like an odd request from an American Soldier at a finance office in Baghdad, but in the next few months it will be as natural as buying ...

FILE - In this Oct. 21, 2020 file photo, people shop at old Basra market, Iraq. A leaked draft of Iraq's state budget has spurred panic as it confirmed the government's intentions to devalue the ...

"Every dinar you buy represents a share in Iraq's bright new future." That's how one website selling Iraqi dinars tries to convince potential investors to acquire the currency. A commonly quoted fact ...