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The Iraqi dinar has continued to decline in value against the US dollar. Recently, the Central Bank of Iraq (CBI) set a new exchange rate for IQD/USD. However, in the secondary Forex market, the exchange rate is significantly different, with 1 IQD reportedly equivalent to $3.88. There is ongoing speculation and news surrounding the potential revaluation of the Iraqi dinar, often accompanied by claims of its value exploding, although these remain unverified and subject to
market fluctuations.
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