Eco

Company K Announces Official Adoption Of New Exchange Rate

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rafidayn24 Oct 07, 2026
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Company K Announces Official Adoption Of New Exchange Rate

In a regulatory step aimed at keeping pace with financial developments, Company K announced on Wednesday, corresponding to October 7, 2026, the initiation of applying updates regarding the value of the US currency, with the new rate officially adopted at 1,520 Iraqi dinars per US dollar starting today. The company explained in an official statement that this decision comes in implementation of the instructions and directives issued by the Central Bank of Iraq, confirming that the updated value will apply immediately to all financial transactions covered within the currently approved regulations and frameworks.