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The economy of the Iraqi Kurdistan runs on old Iraqi Dinars printed in Switzerland before the regime of Saddam Hussein. There is virtually no national reserve and no private banks. All the cash of the region is in the hands of the people. The money changers of the Bazaar are Iraqi Kurdistan's money markets. Most of the currencies exchanged are Dollars, Euros, Saddam's new Iraqi Dinars, Turkish lira and Iranian rials, the countries with which most trade and smuggling are conducted...Sulaimaniya, Iraqi Kurdistan. 24/11/2002...Photo © J.B. Russell
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J.B. Russell
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The economy of the Iraqi Kurdistan runs on old Iraqi Dinars printed in Switzerland before the regime of Saddam Hussein. There is virtually no national reserve and no private banks. All the cash of the region is in the hands of the people. The money changers of the Bazaar are Iraqi Kurdistan's money markets. Most of the currencies exchanged are Dollars, Euros, Saddam's new Iraqi Dinars, Turkish lira and Iranian rials, the countries with which most trade and smuggling are conducted...Sulaimaniya, Iraqi Kurdistan. 24/11/2002...Photo © J.B. Russell