Iraq's government struggles to control US dollar price
The Iraqi economy is suffering from the US dollar's rise as a result of smuggling dollars outside of Iraq.
As Prime Minister Muhammad Shia al-Sudani entered Basra Stadium on Thursday to attend the final game of the 25th Arabian Gulf Cup, hundreds of Iraqis chanted, “Bring the dollar price down.”
The exchange rate of the US dollar to the Iraqi dinar reached 1:1,659 Friday, the highest price since 2004.
