Most central banks in the GCC follow the Fed's policy rate moves due to their currencies being pegged to the US dollar, with Kuwait the only exception in the six-member economic bloc as its dinar is ...
Most Gulf central banks cut their key interest rates on Wednesday after the Federal Reserve decreased U.S. rates by half a percentage point, citing 'greater confidence' on inflation. The Fed cut its r ...
What does it mean to “invest” in the Iraqi dinar? In simple terms, it’s the same as investing in any other currency. You purchase a certain amount of Iraqi dinar (IQD) by paying the ...
Baghdad (IraqiNews.com) – The director of the Iraqi Private Banks League (IPBL), Ali Tarek, revealed on Sunday that e-payment transactions surpassed two trillion Iraqi dinars (nearly $1.52 ...