Iraqis walk past a gate of the Central Bank of Iraq in central Baghdad on October 15, 2026. Iraq's central bank devalued the dinar currency against the dollar on October 7, with the country facing a deepening crisis brought on by the Middle East war. The central bank said in a statement late on October 6 that based on a government decision, "it had decided to adopt... a selling price of the US dollar to the public of 1,520 dinars". The rate had been fixed at 1,320 dinars to the dollar since February 2023. (Photo by AHMAD AL-RUBAYE / AFP via Getty Images)