Iraqi Capital Markets: USD Prices Experience Minor Fluctuations
The Iraqi capital markets, specifically in Baghdad, experienced a modest decline in the prices of the US dollar. Concurrently, Erbil, the capital of the Kurdistan Region, saw prices stabilize as the stock exchange closed on Wednesday evening.
According to market reports, the dollar value in Baghdad’s Al-Harithiya and other stock exchanges dropped to 150,350 Iraqi dinars for $100, down from the morning’s price of 150,400 dinars.
In local banking outlets within Baghdad, selling prices remained steady, with the dollar being sold at 151,500 Iraqi dinars for $100. The purchase price was slightly lower, at 149,500 dinars.
In Erbil, dollar prices also stabilized, with the selling rate set at 150,200 dinars per $100 and the purchasing price at 150,100 dinars.
Summary of USD Pricing
| Location | Selling Price (IQD) | Purchasing Price (IQD) |
|---|---|---|
| Baghdad | 151,500 | 149,500 |
| Erbil | 150,200 | 150,100 |
| Baghdad Stock Exchange | 150,350 | N/A |
| Morning Prices (Baghdad) | 150,400 | N/A |
This report encapsulates the current state of the US dollar in the Iraqi markets, emphasizing the broader economic environment and currency stability amid varying local conditions.
