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Iraqi protesters take part in a demonstration at Tahrir Square in Baghdad on December 21, 2020. Hundreds of angry Iraqis protested in several cities against a currency devaluation that has slashed their purchasing power amid a pandemic-fuelled economic crisis. The Central Bank of Iraq at the weekend devalued the dinar by nearly a quarter against the US dollar, officially re-pegging the dinar at 1,450 to the greenback.  Sabah ARAR / AFP
December 22nd, 2020 - 11:01 GMT

Iraqis Continue Protesting Against Currency Devaluation

Hundreds of angry Iraqis protested Monday in several cities against a currency devaluation that has slashed their purchasing power amid a pandemic-fuelled economic crisis. The Central Bank of Iraq (CBI) at the weekend devalued the currency by over a fifth against the US dollar, officially re-pegging the dinar at a bank rate of 1,460 to the greenback. Almost more security forces + journalists at this afternoon protest in Tahrir Square ...
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