Currencies

United States Dollar to Iraqi Dinar USD IQD 1 USD 1,308.988563 IQD 5 USD 6,544.942815 IQD 10 USD 13,089.88563 IQD 25 USD 32,724.714075 IQD 50 USD 65,449.42815 IQD 100 USD 130,898.8563 IQD 500 USD 654,494.2815 IQD 1,000 USD 1,308,988.563 IQD 5,000 USD 6,544,942.815 IQD 10,000 USD 13,089,885.630000001 IQD 50,000 USD 65,449,428.150000006 IQD Iraqi Dinar to United States Dollar IQD USD 1 IQD 0.000763949 USD 5 IQD 0.003819743 USD 10 IQD 0.007639486 USD 25 IQD 0.019098715 USD 50 IQD 0.038197431 USD 100 IQD 0.076394862 USD 500 IQD 0.381974308 USD 1,000 IQD...

EUR/USD slides below 1.1100 as the US Dollar rallies after the US and China agreed to lower tariffs by 115% for 90 days.The US-China temporary trade truce is expected to tame elevated consumer inflation expectations.ECB Schnabel sees no need to lower interest rates further.EUR/USD plunges below 1.1100 during European trading hours at the start of the week. The major currency pair faces an intense selling pressure as the US Dollar (USD) rallies after the United States (US) and China, in a joint statement, announced a higher-than-expected reduction in tariffs for...

The Pound Sterling falls sharply below 1.3200 against the US Dollar after the US and China agree to reduce tariffs for 90 days by 115%.Lower US tariffs would pave the way for the Fed to cut interest rates.This week, investors will focus on the UK employment and the US CPI data on Tuesday.The Pound Sterling (GBP) tumbles to near 1.3170 against the US Dollar (USD) and trades near a one-month low on Monday. The GBP/USD pair falls sharply as the US Dollar strengthens after the United States (US) and China...

After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status.Currencies like South Korea’s won, the Indonesian rupiah, and the Indian rupee rank among the most undervalued in emerging markets relative to their historic average, according to data compiled by Bloomberg. Beyond attractive valuations, fresh economic stimulus in China and signs of progress in U.S.-Asia trade negotiations are adding to the region’s allure.The potential for Asian currencies to strengthen...

An article by Ghady Rayess, co-founder and managing director at FOO Stablecoins and Central Bank Digital Currencies (CBDCs) are poised to revolutionise the world of digital currencies. With over 130 central banks exploring CBDCs and stablecoin adoption sitting at around $200 billion, we are entering a transformative era. The speed, security, and cost-effectiveness of these assets revolutionised transactions and financial inclusion. However, as adoption accelerates, regulatory frameworks and strategic implementation must evolve in tandem to ensure stability, compliance, and sustainability. Stablecoins: Bridging Traditional and Digital Finance Stablecoins represent a new...

For decades, the US dollar has served as the ultimate refuge during market turmoil. Emerging markets suffered currency depreciation and capital outflows when risk aversion spiked. Today, the opposite is happening. Capital is diversifying away from its long-standing dollar bias during periods of stress – a remarkable shift after decades of US asset dominance – creating new and unfamiliar challenges that are rippling through the global financial system. Has the US dollar peaked? As we’ve noted in recent articles this year, cracks in US exceptionalism are widening (see US exceptionalism...

The biggest bank in the US reportedly says that a recent strategy to bet against emerging market (EM) currencies hasn’t worked out. Following President Donald Trump’s “Liberation Day” on April 2nd, JPMorgan Chase provided clients with a trade idea that involved flipping bearish on emerging market currencies, Bloomberg reports. Say JPMorgan strategists in a note, “Our UW (underweight) has not worked… We see sufficient arguments that EM FX (foreign exchange) will not weaken versus the USD in the coming period.” Bloomberg data shows that at least 14 different emerging market...

THE US dollar was on track for a weekly gain against major currencies, including the Swiss franc, yen and euro on Friday (May 9), after a US-UK trade deal increased optimism about upcoming US-China talks.Financial markets headed into the weekend with the focus squarely on the ongoing trade negotiations between Washington and Beijing in Switzerland.President Donald Trump announced on Thursday a US-UK trade deal that left in place a 10 per cent baseline tariff on British goods, but lowered prohibitive duties on vehicle imports.“There’s strong optimism across the market of...

Bhadrak (Odisha), May 11 (PTI) The Odisha police have detained one person in connection with the circulation of counterfeit currency and seized fake Indian currency notes with a face value of Rs 10,000 from his possession, a police officer said. The incident came to light on Saturday afternoon when two youths allegedly attempted to purchase goods using the fake notes at the Anand Bazaar, under Bhadrak rural police station limits, the officer said. According to an eyewitness, the two suspects, residents of Deopal village near Anand Bazaar, purchased groceries using...

This content was published on May 11, 2025 - 14:00 (Bloomberg) — After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status.Currencies like South Korea’s won, the Indonesian rupiah, and the Indian rupee rank among the most undervalued in emerging markets relative to their historic average, according to data compiled by Bloomberg. Beyond attractive valuations, fresh economic stimulus in China and signs of progress in US-Asia trade negotiations...