Iraq devalues currency by a fifth, the most since 2003
Iraq’s government recently devalued the local currency – the Iraqi dinar – by more than 20 percent.
It is the biggest currency devaluation against the dollar since the 2003 fall of Saddam Hussein.
Prices of everyday goods and services have suddenly skyrocketed, fuelling fear and anger among many Iraqis who have spent decades struggling to survive financially.
Al Jazeera’s Charles Stratford has this report from Baghdad.
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