Iraqi Monetary Unit (Noun)
Meaning
Monetary unit in Iraq.
Classification
Nouns denoting quantities and units of measure.
Examples
- The Iraqi monetary unit is called the Iraqi dinar, which is subdivided into 1,000 fils.
- Iraq's central bank manages the country's monetary policy and oversees the Iraqi monetary unit.
- The US-led invasion of Iraq in 2003 led to a significant decline in the value of the Iraqi monetary unit.
- The government has implemented policies to stabilize the Iraqi monetary unit and promote economic growth.
- A new series of banknotes featuring images of Iraqi culture and heritage will be introduced to replace the old Iraqi monetary unit.