The US dollar exchange rate against the Iraqi dinar rose in Baghdad and
Baghdad (IraqiNews.com) – Iraq, the world’s fifth-largest oil producer, continues to have a key place in the oil export industry. This makes Iraq the second-largest Middle Eastern exporter, with oil revenues predicted to have reached $111 billion in 2022, accounting for 7.62% of total exports. Iraq’s oil reserves remain a critical resource for its economy,