The Iraqi dinar is no longer just a currency -it has become a pressure point in a much larger political and economic struggle. ⁠Link to My FX Buddies Blog⁠ Analysts argue that Iraq’s exchange-rate crisis reflects the deep fragility of a rentier, oil-dependent economy, where the dollar has shifted from a medium of trade into a tool of political influence. What once appeared as routine market volatility is now widely viewed as a reflection of mounting tension between Baghdad and Washington. Economic expert Haitham Al-Anbaki says the situation goes far beyond natural fluctuation. Iraq’s structural reliance on oil revenues, he argues, has left the country exposed to financial leverage — turning the economy into an open ...