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Iraq devalues its currency as Iran-U.S. war disrupts oil shipping routes

Marcus Chen

Managing Editor · Wednesday, October 7, 2026 at 8:39 AM · 1 min read

Iraq devalues its currency as Iran-U.S. war disrupts oil shipping routes — WESH 2 Orlando, Clermont Community news — Image: WESH 2 Orlando

Iraq devalued its currency Wednesday, changing the official exchange rate from around 1,300 dinars to the U.S. dollar to 1,500 dinars to the dollar.

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