Protesters, banks demand action after Iraqi dinar plunges post-US sanctions

Demonstrators protest in front of the Iraqi central bank as their currency plummets against the US dollar [Hadi Mizban/AP]

Dozens of people protested outside the Central Bank of Iraq in Baghdad while bank owners urged action as the Iraqi dinar fell after the United States blacklisted 14 Iraqi banks.

The demonstrations took place on Wednesday as the 14 banks issued a joint statement calling on the Iraqi government to intervene.