Market Update: Dollar Prices Experience Slight Increase in Baghdad
On Saturday, the dollar prices witnessed a modest increase in the Baghdad market, while remaining stable in Erbil, the capital of the Kurdistan Region, coinciding with the closure of the stock exchange.
According to local sources, the dollar’s value rose as the struggle and Al-Harithiya stock exchanges closed, reaching 148,400 dinars for every 100 dollars, compared to 148,350 dinars earlier in the morning.
In Baghdad, selling prices at banking institutions remained stable, with the sale price recorded at 149,500 Iraqi dinars for 100 dollars, while the purchase price was set at 147,500 dinars for the same amount.
In Erbil, the dollar maintained its stability, with a sale price of 148,000 dinars per 100 dollars, and a purchase price of 147,800 dinars for the same unit.
| Market Location | Sale Price (per 100 USD) | Purchase Price (per 100 USD) |
|---|---|---|
| Baghdad | 149,500 | 147,500 |
| Erbil | 148,000 | 147,800 |
As the economic conditions evolve, industry stakeholders will be closely monitoring these fluctuations in currency valuation to inform their financial strategies.
