Islamic State rigs currency rates in Mosul to prop up finances
By Stephen Kalin BAGHDAD (Reuters) - Islamic State militants in the northern Iraqi city of Mosul are manipulating the exchange rate between U.S. dollars and Iraqi dinars to squeeze money out of local people as coalition bombers attack the group's finances. The U.S-led coalition has said that in addition to attacking Islamic State's fighters and leaders it will go after financial infrastructure too. Air strikes have reduced Islamic State's ability to extract, refine and transport oil, a major sou
Read more »