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Public Fear Rises Over Possible Dollar–Dinar Shift


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Iraqi economist Diaa Abdul Karim has warned of growing

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public concern over a potential change in the dollar–dinar exchange rate once the new government forms.

He explained that past governments’ decisions to adjust the exchange rate led to widespread financial hardship, especially for everyday citizens who faced rising prices and declining purchasing power.

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According to Abdul Karim:

  • Iraqis now expect exchange rate changes with each new government

  • Any move that lowers the value of the dinar could trigger nationwide price increases

  • Citizens want clear assurances from political leaders

  • The public is waiting to know whether the new government will maintain the current rate or shift direction

This tension highlights a major economic reality:
👉 The exchange rate is not just a policy — it affects every home, every salary, and every market in Iraq.

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My FX BuddiesBy Tish Washington