An economist warns of the decline of the Iraqi dinar due to currency printing policies.
An economist warns of the decline of the Iraqi dinar due to currency printing policies.
4-19-2026
Information / Baghdad…
Economic expert Nabil Al-Ali called on the Central Bank of Iraq on Sunday to develop an urgent plan to contain the repercussions of monetary inflation, warning of a significant decline in the Iraqi dinar’s exchange rate as a result of current monetary policies.
Al-Ali told the Information Agency that “the government is currently relying on printing money to secure salaries and expenditures under the guise of the borrowing law,” explaining that “the continuation of this mechanism will put the Central Bank in a difficult position and may force it to deplete its reserves to cover the shortfall.”
Al-Ali stressed the necessity for “the Central Bank to withdraw the printed currency from circulation as soon as it is no longer needed, and to destroy or store it instead of recycling it.”
He indicated that “this measure is the only way to maintain exchange rate stability and prevent monetary inflation that threatens the purchasing power of citizens.”
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