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Iraqis protest after currency value slashed

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Iraqis protest after currency value slashed

A
Agence France-Presse

10 Views • Dec 21, 2020

Description

Hundreds of angry Iraqis protest in several cities against a currency devaluation that has slashed their purchasing power amid a pandemic-fuelled economic crisis. The Central Bank of Iraq (CBI) at the weekend devalued the currency by over a fifth against the US dollar, officially re-pegging the dinar at a bank rate of 1,460 to the greenback.