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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Hundreds in Baghdad Protest Devaluation of Iraq’s Currency

Iraqi protesters demonstrate against the dinar's slide in value against the US dollar, near the central bank in Baghdad, Iraq January 25, 2023. (Reuters)

Hundreds of protesters rallied Wednesday near the Central Bank in the Iraqi capital, Baghdad, angered by the recent devaluation of the Iraqi dinar and demanding the government take action to stabilize the currency.

The protesters — mainly young people — rallied amid a heavy security presence, with many carrying the Iraqi flag and banners with slogans. One slogan read: “The politicians are the ones covering up the financial corruption for the banks.”

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