The street value of Iraq’s currency is dropping, as markets anticipate the likelihood the dinar will soon be revalued in response to a dire economic crisis. Money exchangers in Iraq on Monday were charging 1,300 Iraqi dinars for each U.S. dollar, compared to the Central Bank of Iraq’s (CBI) official rate of 1,182 dinars per dollar — the widest spread between market rates and the bank’s official “window” rate since December 2016, according to an Iraq Oil Report analysis based on CBI data.