Archive List for iraq economy

What’s the secret behind Iraq’s large gold exports?

Gold has become one of Iraq’s top exports despite there being no gold deposits. Last year, it exported nearly $8bn worth of gold to Turkey alone. So what is the secret? Al Jazeera’s Osama Bin Javaid reports from Baghdad. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Iraq

Iraq devalues currency by a fifth, the most since 2003

0 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. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Iraq