Article: “Iraqi Economist Warns of Possible Dinar Devaluation Amid Fiscal Pressures ” Quote: “Al-Mashhadani said growing discussion within financial and government circles points toward a potential devaluation of the Iraqi dinar against the U.S. dollar, despite its serious social consequences…With falling oil prices and forecasts such as JPMorgan’s outlook on future oil markets, the next government may find no financial exit except changing the exchange rate in order to pay salaries, wages, and operating expenses“
