Iraqi dinar continues to slide against US dollar ...Kuwait

The value of the Iraqi dinar continues to fluctuate in exchange for the US dollar on a daily basis, as the Iraqis hopeless the country’s Central Bank, the parliament and the government to control the black currency market.  While the formal rate by the Central Bank of Iraq is 1,470 IDs per US$1, the exchange rate in the black currency market amounted to more than 1,650 IDs to US$1 on late Sunday. “The ICB has limited selling the US dollar as compared to the huge demand on it, thus the rate of dollar per dinar is increasing steadily,” Rawaz Amanj, one of those who work in Sulaimaniyah city’s currency market, told The New Arab over phone. “Iran is pouring large amounts o

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