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World News : Iraq’s Prime Minister Dismisses Central Bank Governor Amid Currency Drop.

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  Thenewsgist
The dinar has dropped sharply against the dollar in unofficial currency markets since mid-November, raising the price of food and other goods for ordinary Iraqis

Iraqi Prime Minister Mohammed al-Sudani in Berlin earlier this month.
PHOTO: MICHELE TANTUSSI/REUTERS
By Ghassan Adnan


BAGHDAD—Iraqi Prime Minister Mohammed al-Sudani has dismissed the country’s Central Bank Governor amid growing anger over the weakening of the local currency in recent weeks that has caused the price of food and imports to rise.  

Mr. Sudani said Monday he decided to replace the governor, Mustafa Ghaleb Mukheef, who requested to be relieved of the post he has held since 2020. The prime minister named Muhsen al-Allaq as the new central bank governor, according to the state-backed Iraqi News Agency. Mr. Allaq previously served in that role between 2014 and 2020.


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World News : Iraq’s Prime Minister Dismisses Central Bank Governor Amid Currency Drop.

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