# Iraq devalues currency by 15% as Hormuz crisis disrupts oil exports

https://mins.news/en/video/91782

- Al Jazeera English, 2026-10-08 16:17 UTC
- Economy
- Original: https://www.youtube.com/watch?v=sY1rcffUnOg

> Iraq has devalued its currency by about 15%, the largest adjustment since 2020. The government is responding to disrupted oil exports through the Strait of Hormuz, while the country’s reliance on imported food is expected to push up prices for staples such as rice and flour.

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