Could US Ban on Iraqi Banks Cause a Sharp Decline in the Iraqi Dinar Exchange Rates?
The Iraqi dinar has faced plenty of challenges over the years, but one question is causing growing concern: could a U.S. ban on Iraqi banks trigger a sharp drop in the dinar’s value? While dramatic headlines suggest disaster, the reality is more complex. Iraq’s heavy reliance on oil, the U.S. dollar, and global banking networks […]
US Sanctions Against Iraqi Banks and the Stability of the Iraqi Dinar
The mechanism of economic sanctions is among the most effective tools in modern geopolitics, due to its close connection with economic, financial, and political stability. Sanctions are often imposed by powerful nations or international organizations to influence the behavior of a targeted country, restricting its access to international financial systems, trade, and economic resources. The […]